The Department of Agriculture (DA) is setting aside P822 million to bankroll various interventions that will ease the suffering of farmers and fishermen affected by Severe Tropical Storm Maring. Maring has caused damage to major crops, livestock, and fishery products, mostly in Northern Luzon. Of the total allotted budget, P650 million will be spent to provide emergency loans to affected farmers and fishers under the SURE Calamity Loan Assistance Program of DA’s Agricultural Credit Policy Council (ACPC). Each affected household can borrow P20,000 at zero interest, no collateral, and payable in 10 years.

Miraflor, M. B. (2021, October 15). DA sets P822-M budget for farmers, fishers hit by 'Maring'. Manila Bulletin, p. B-1.