World Bank to fund P45-billion rural program – Marcos

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World Bank to fund P45-billion rural program – Marcos
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President Marcos called on various stakeholders to aggressively carry out the P45.01-billion Philippine Rural Development Project Scale-Up to develop the country’s agricultural sector for the benefit of Filipino farmers, fisherfolk, and consumers.

“Our priorities are going toward the same direction. Again, we will just have to scale up and do the necessary things,” a Palace statement quoted the President as saying on Tuesday during a meeting with the World Bank in Malacañang to discuss the status of the PRDP Scale-Up.“We really have to develop the agricultural sector. So, let’s keep going. And, of course, what I am always reminded of is that we sometimes speak, in terms of agriculture, only of production.

The PRDP Scale-Up is the first project that has been approved at record speed, as it is set to be implemented only seven months after it was submitted for consideration by the Department of Agriculture , which Marcos heads as concurrent secretary, before the National Economic and Development Authority whose board the President also chairs.

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