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Friday, November 22, 2024

CARP needs P19b to bankroll execution of programs, projects until 2025—DAR

AGRARIAN Reform Secretary Conrado Estrella III has convened the Presidential Agrarian Reform Council (PARC) executive committee to request funds for the 2024 and 2025 programs, activities and projects of the Department of Agrarian Reform.       

Estrella convened the 151 st meeting of the PARC to discuss the financial requirements of the agrarian reform program in 2024 and 2025.

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The requested fund of P19 billion would be used for the payment of landowners’ compensation, construction of bridges under the Pang-Agraryong Tulay para sa Bagong Bayanihan ng mga Magsasaka, farm-to-market roads, farm machineries and equipment, and educational scholarships for the children of agrarian reform beneficiaries.

They are eyeing the agrarian reform fund as a source of the allocations. 

The fund was created in 1987 pursuant to Section 2 of Proclamation 131 issued on July 22, 1987 to cover the cost of implementing the agrarian reform, including the acquisition and distribution of agricultural lands and provision of support services.

The PARC is the highest policy-making body for the Comprehensive Agrarian Reform Program.

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