The Department of Agriculture (DA) said on Wednesday that it is disbursing P150 million worth of fuel subsidies, split evenly between farmers and fisherfolk.
Arnel V. De Mesa, DA spokesman and assistant secretary for Special Concerns and Official Development Assistance, told reporters at a briefing that 89% of the fuel subsidies due to be handed out have already been released.
The subsidy aims to help the agricultural sector cope with rising fuel costs, which have been a burden for farmers and fisherfolk who rely on machinery and boats for their livelihoods.