The Department of Agriculture (DA) is anticipating the approval of a ₱ 20 billion annual investment in the livestock sector, pending President Marcos’ signature before the end of September.
This funding is part of a broader ₱3.5 trillion investment needed to modernize the agriculture sector, according to DA Undersecretary Asis G. Perez.
The proposed Animal Industry Development and Competitiveness Act, supported by the Philippine Institute for Development Studies (PIDS), aims to strengthen regulatory institutions and support small farmers in livestock, dairy, and poultry production.
The bill has been transmitted to Malacañang, where the President has 30 days to act on it.
Perez emphasized the importance of the livestock sector in national food security and highlighted additional investments in production support systems to reduce import dependence.
Source: PhilNews24 | September 27, 2025
₱20-BILLION LIVESTOCK FUND READY FOR MARCOS’ FINAL APPROVAL
Latest from Business
The Energy Regulatory Commission is set to revisit the Wholesale Electricity Spot Market (WESM) secondary price
A global report by the International Energy Agency projects that electric vehicles (EVs) could account for
The Energy Regulatory Commission (ERC) has raised the ceiling price for the waste-to-energy (WTE) auction to
Foodpanda Philippines disbursed at least ₱62 million in rider incentives from March to May to help
The Philippine Chamber of Agriculture and Food Inc. (PCAFI) warned that the government’s proposed nutrient profile