RCEF eyed to assist farmers, fishers hit by Kristine

A measure approved by the bicameral conference committee, expanding the Rice Competitiveness Enhancement Fund (RCEF) from P10 billion to P30 billion yearly, will be substantial in providing help to farmers and fisherfolk displaced by Severe Tropical Storm Kristine.

- Delon Porcalla, Jasper Emmanuel Arcalas

Rep. Brian Raymund Yamsuan of Bicol Saro party-list said the RCEF bill, which has been passed and ratified by the Senate and the House of Representatives, is awaiting the signature of President Marcos.

Yamsuan said the measure would directly benefit about 2.4 million small farmers, with a provision authorizing the distribution of financial assistance to those tilling two hectares and below.

Aside from aiding farmers, the measure also increases funding for the procurement of farm machinery and equipment, solar-powered irrigation facilities, composting facilities for biodegradable wastes and quality inbred rice seeds. It also provides rice credit assistance and training.

"Recovery from the effects of Kristine will not be overnight. This is a continuing process that requires sustained funding and assistance to our farmers and fisherfolk," Yamsuan said. "We are hopeful the President will sign the bill into law soon so that the RCEF can become a more potent tool to help small farmers."