Gov’t, BoB agree P15bn borrowing for 2024
Monday, April 22, 2024 | 1040 Views |
According to the borrowing strategy document for 2024–2025 released earlier this week, the central bank will step up its efforts for government in light of the greater funding requirement by the state.
By comparison, the BoB was authorised to raise P7.05 billion for government in the 2023–2024 financial year, or less than half the target for the current financial year.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...