A P2 billion allocation to be used in credit facilities under the Agro-Industry Modernization Credit and Financing Program (AMCFP) has been approved by Congress for 2015. The appropriation is provided under Section 3 of the 2015 General Appropriations Act (GAA), which states: “The amount of P2 billion shall be transferred to government financial institutions (GFIs) or cooperative banks to be used exclusively for the establishment of a continue reading : Government Provides Additional P2 Billion for Agri-Fishery Loans in 2015
