The Department of Agriculture is suspending the payment of farmers’ loans for one year as the enhanced community quarantine due to the coronavirus disease 2019 or COVID-19 is expected to affect their income. DA-attached agency Agricultural Credit Policy Council said 77,375 farmers and fisherfolk would benefit from the one-year moratorium on the payment for the existing loan programs of the department. The temporary suspension of payment aims to help farmers who fail to sell their produce in the market due to the imposed lockdown.

Simeon, L. M. (2020, March 24). DA suspends farmers’ loan payments. The Philippine Star, p. B1.