Bamboo, seaweed producers seek ₱2.2-B gov't budget

Cahiles-Magkilat, Bernie

Date

September 5, 2022

Author

Cahiles-Magkilat, Bernie

Metadata

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Classification code

MB20220905_B-1

Excerpt

Local bamboo and seaweed producers are asking the government for P2.2 billion budget allocation to achieve the full economic potential of these products, especially in the exports market. In a press conference by the Philippine Chamber of Agriculture and Food, Inc. (PCAFI), the Philippine Bamboo Foundation said they would ask the government to allocate P2 billion out of the P2.7 billion previously allotted to the industry. The Seaweed Industry Association of the Philippines also urged the government to return to their P200-million annual budget allocation way back in 2012 from the current P40 million.

Citation

Magkilat, B. C. (2022, September 5). Bamboo, seaweed producers seek ₱2.2-B gov't budget. Manila Bulletin, pp. B-1, B-3.