PBBM launches 'Agri-Puhunan at Pantawid Program' during his 67th birthday celebration
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NewsTranscript
00:00A farmer assistance scheme entailing a prepaid card of 28,000 pesos for purchase of inputs
00:06in food and rice production was conceived to substantially help the nation's farmers
00:11and launched today by the president on the occasion of his birthday.
00:15Our Kenneth Paciente fills us in with more details on this latest farmer assistance brainchild
00:21dubbed Agri Puhunan at Pantawid Program.
00:27Felipe suffered significant losses after his farm was severely affected by flooding
00:32due to recent typhoons, truly a major blow on his income.
00:40To help farmers avoid high interest loans, the Agri Puhunan at Pantawid Program was launched
00:46led by President Ferdinand R. Marcos Jr. on his birthday.
00:50Under the program, beneficiaries will receive an interventions monitoring card or IMC.
00:55With this card, input credits worth 28,000 pesos can be used to purchase seeds, fertilizer,
01:01pesticides and other farming inputs from DA accredited merchants and avail services from
01:06service providers.
01:08According to the president, this is the government's way to recognize the farmers for their role
01:12in the country's food security.
01:39In addition to these input credits, they will also receive 8,000 pesos monthly for
01:43four months, amounting to 32,000 pesos total.
01:48According to the president, this aims to address the needs of their families while waiting
02:22That's why Felipe is overjoyed, saying this is a great help for farmers like him.
02:40The farmers also have a birthday wish for the president.
02:59However, the president's birthday wish is still for them.
03:26Kenneth Paciente, from the National TV Network, for a new and better Philippines.