PSA data showed that while nationwide poverty incidence fell to 16.7 percent in 2018 from 23.3 percent in 2015, those living and working in rural areas remained poorer compared with those in urban parts of the country. While bulk of the economy shed trillions of pesos in output and millions of jobs at the height of the longest and strictest lockdown in the region, Chua had noted that farmers and fishermen in the countryside - where there were relatively fewer COVID-19 cases - had managed to sustain their livelihood.

Low food inflation and positive agriculture gross domestic product (GDP) thus far are helping,” Chua said.

“This year, agriculture growth has improved, and keeping the food supply chain open is key to helping both farmers and households. “Our experience with past typhoons made us more resilient, yet strong typhoons that occur in largely agricultural regions have major impact on the sector, as the Department of Agriculture’s (DA) preliminary estimate show,” said Chua, who heads the state planning agency National Economic and Development Authority (Neda).Ĭhua, however, expressed optimism that the agricultural damage wrought by typhoons will not result in farmers and vulnerable households sliding back to poverty. Chua on Monday said that the recent string of strong typhoons, like Rolly and Quinta, would have the heaviest impact on agriculture, putting at risk the gains made even during the COVID-19 pandemic when it was the only industry that posted growth. We either save the Earth or perish with it,” Dominguez told a separate online seminar organized by the European Union’s (EU) delegation to the Philippines in October.Īcting Socioeconomic Planning Secretary Karl Kendrick T.

Golden fresh farms tax incentives