THE Land Bank of the Philippines (LandBank) and the Development of the Philippines (DBP) have facilitated the distribution of over P8.2 billion for the P5,000 in direct and unconditional cash aid each to over 1 million qualified small palay (unmilled rice) farmers from 2019 to 2021, according to data from the Department of Agriculture (DA).

The two state financial institutions distributed the cash aid as part of the Rice Farmers Financial Assistance Program of the DA under the RTL or Republic Act (RA) 11203. Farmer beneficiaries receiving the P5,000 cash aid should be registered in the Registry System for the Basic Sectors in Agriculture.

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