THE WAY FORWARD │ Level Up Philippine Agriculture!

ACEF R&D MoA Signing between DA and SUCs

Author: DA Communications Group | 23 September 2019

As part of the country’s strategy of providing greater opportunities and achieving sustainable economic growth in the field of agriculture and fisheries, a Memorandum of Agreement (MOA) on the Agricultural Competitiveness Enhancement Fund (ACEF) was signed between the Department of Agriculture (DA) and State Universities and Colleges (SUCs) on September 23, 2019.

ACEF is a loan program that provides credit to farmers and fisherfolk, their associations and cooperatives, and macro and smallscale enterprises to increase agrifishery productivity and competitiveness. It was enacted to serve as a “safety net” against the effects of the trade liberalization policies of the government. (Photos by Alarico Nuestro, AFID)