Gov't tallying crop insurance payouts

By Janine Alexis Miguel

Nov 04, 2024 12:16 am

CROP insurance payments to farmers affected by Severe Tropical Storm Kristine will cost the government at least P666.5 million, the Department of Agriculture (DA) said.

An initial report from state-owned Philippine Crop Insurance Corp. (PCIC) showed that 86,066 farmers from 10 regions had their crops damaged or wiped out by the storm, Agriculture Secretary Francisco Tiu Laurel Jr. said.

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