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Escudero urges gov’t to tap P30B RCEF funds to shield farmers from El Niño, rising fuel costs

Senator Francis “Chiz” Escudero is urging the government to tap the P30-billion Rice Competitiveness Enhancement Fund (RCEF), created under Republic Act No. 11203, to finance interventions that go beyond short term cash aid to shield farmers from El Niño and rising global fuel costs.

Escudero pointed to the P15 billion allocation for “Other Priority Programs, Activities and Projects” under RCEF, or the Rice Tariffication Law, that could be redirected to interventions that “most effectively promote farmers’ productivity, supply resiliency, and address food security emergency situations on rice due to supply shortage or extraordinary increase in prices.”

The veteran legislator emphasized that government interventions in this time of compounded crisis, marked by El Niño’s looming dry spell and global fuel shocks from Middle East tensions, must be forward looking.

Escudero shared his suggestion as the Department of Agriculture (DA) started rolling out the P10 billion Presidential Assistance for Farmers and Fisherfolk Program, which provides P2,325 each to more than 4.17 million farmers and fisherfolk nationwide.

The DA has described the cash aid as a lifeline against soaring fuel costs, with initial payouts already underway in Ilocos Region, Cagayan Valley, Central Luzon, Western Visayas, and Zamboanga Peninsula.

In a statement, the Bicolano senator added that the goal is to strengthen farmers’ resilience.

Agriculture officials have acknowledged that the assistance is modest and primarily designed as short term relief.

They are also bracing for a moderate to strong El Niño later this year, with the Philippine Atmospheric, Geophysical and Astronomical Services Agency raising the likelihood of development to 79 percent by June.

The weather phenomenon is expected to bring prolonged dry conditions, strain irrigation systems, and cut farm output, particularly rice and corn.*

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