THE WAY FORWARD │ Level Up Philippine Agriculture!

DA, Landbank MOA Signing Ceremony for SURE Covid-19 (Dec. 15, 2020)

Author: DA Communications Group | 15 December 2020

In a virtual ceremony held on December 15, 2020, Agriculture Secretary William Dar turned over to LandBank, represented by its President Cecilia C. Borromeo, the new funds for the expanded SURE Aid and Recovery Project or SURE Covid-19, which is funded under the Bayanihan to Recover as One Act or Republic Act 11494.

The SURE Covid-19 loan window is part of the DA’s Plant, Plant, Plant Program or the Ahon Lahat, Pagkaing Sapat (ALPAS) Kontra COVID-19 program that aims to increase the country’s food adequacy level.

An initial P2.5 billion was allotted for the program to help micro, small and medium enterprises (MSMEs) and small, marginal farmers and fishers adversely affected by the quarantine lockdown imposed by the government to help stem the spread of the pandemic.

This amount has been fully released and supported over 535,000 farmers during the initial and most crucial months of the crisis. (Photos by Alan Jay Jacalan, DA-AFID)