The Philippines aims to achieve 84 percent rice self-sufficiency by the end of 2026, Agriculture Assistant Secretary U-Nichols Manalo announced during the agency’s budget hearing.
Currently, the country produces about 77 percent of its rice needs and targets 90 percent self-sufficiency by 2028, contingent on full implementation of programs and budget support.
The Department of Agriculture is requesting a P216.1 billion budget for 2026 to fund initiatives that will boost rice production, assist farmers, and improve logistics.
Agriculture Secretary Francisco Tiu Laurel Jr. highlighted that underinvestment has weakened the sector’s contribution to the economy, despite employing one in five Filipinos.
Rice production grew by 6.4 percent in the first half of the year, reaching 9.08 million metric tons, progressing toward the revised annual target of 20.35 million metric tons.
Source: PhilNews24 | October 13, 2025
Latest from Business
The Department of Agriculture (DA) is prepared to take over the construction of farm-to-market roads (FMRs)
The Philippines ranked as the World Bank Group’s fifth-largest developing-country borrower in fiscal year (FY) 2025,
President Marcos has awarded eight new petroleum service contracts (PSCs) worth about $207 million to boost
San Miguel Corp. (SMC) was fined P1 million by the Securities and Exchange Commission (SEC) for
The Philippines faces moderate corporate asset risks compared to its Southeast Asian peers, with local banks