The government should review the program and implementing guidelines of the P1-billion Agriculture and Fisheries Financing Program, the state-run think tank Philippine Institute of Development Studies said Monday. PIDS economists Ma. Piedad Geron and Gilberto Llanto said in a policy note the government should not go back to the old scheme that did not work out in micro-financing before. The P1-billion flexible credit facility aims to help over 1 million farmers and fisherfolk who were non-agrarian reform beneficiaries and engaged in priority commodities identified by the Department of Agriculture in the 20 poorest provinces.

Binaday, G. (2015, December 15). PDIS: P1-b agri funding to fail. Manila Standard, p. B6.