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 Philippines is planning its first coal-blending facility to reduce supply risks amid Indonesia’s expected coal
The Philippines’ meat imports rose 11 percent year-on-year to 1.02 million metric tons (MT) from January
Instagram head Adam Mosseri acknowledged in a California court that Meta did not disclose that early
The Anti-Money Laundering Council (AMLC) secured the conviction of three individuals in separate money laundering cases
The World Bank warned that weak and fragmented data systems could slow the Philippines’ push for