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Aquino and Arroyo accomplishments in strengthening agricultural sector.

In its goal to attain inclusive economic growth, one of the specific objectives of the administration of Pres. Benigno S. Aquino III
(PNoy) is to strengthen the agricultural sector. One of the major strategies identified towards the attainment of this is to make
credit more accessible to small farmers and fisherfolk to help in the improvement of their productivity and, thereby, the
improvement of their household incomes as well.

Here are the highlights of the PNoy Administrations accomplishments in its strategy to make credit more accessible to small
farmers and fisherfolk, as of February 2015:

1. Fresh Funding for Small Farmers and Fisherfolk Credit. Under the PNoy Administration, P1.0 billion was
appropriated by the government in 2013 to the ACPC for the implementation of a flexible credit facility called the
Agricultural Fisheries Financing Program (AFFP). In 2015, the ACPC was additionally appropriated an amount of P2.0
billion for the expansion of the same program. Presently, the AFFP is being implemented nationwide by the DA,
through the ACPC, for the benefit of small farmers and fisherfolk who are registered in the Registry System of Basic
Sectors in Agriculture (RSBSA). The AFFP now constitutes part of the AMCFP. Through the P3 billion funding
provided for the AFFP, government loan funds for farmers and fisherfolk has increased by almost 400% in just 5 years
of this Administration (Table 1).

Table1. Status of Funding for Small Farmers and Fisherfolk Credit

(As of 2010, 2013 and 2015)

2010 2013 2015


P800.0 M P1.8 B P3.8 B

2. Easier Access to Formal Financing Assistance for Small Farmers and Fisherfolk. Aside from the appropriation of fresh
funding for agri-fishery credit, the PNoy Administration is also making formal loans for production and alternative livelihood
more accessible to small farm and fishing households. Over the period 2011-2014, the PNoy Administration was able to steadily
increase DA-ACPC loan releases to small farmers and fisherfolk (or farmers tilling 5 hectares or less; and fisherfolk using boats
of 3 metric tons capacity or less) through the AFFP and other AMCFP programs, such as the Cooperative Banks Agricultural
Lending Program.
Table 2. Amount of Agri-fishery Loans Released and Percent Increase/Decrease per Year

(2010-2014)

2010 2011 2012 2013 2014


Ave. % Inc./Dec.
per Year (2011-
Amount Amount % Inc./ Amount % Inc./ Amount % Inc./ Amount % 2014)
(PM) (PM) Dec. (PM) Dec. (PM) Dec. (PM) Inc./Dec.

1,286.3 531.3 -59% 1,075.6 102% 1,255.1 17% 2,033.9 62% 30.5%

The glaring consequence of the decreasing share of agriculture to the countrys gross domestic product which happened
during the time of PGMA is that
The Philippines became a major importer of agricultural products and inputs.
For years 1994-2008, the Philippines imported 61.5% more than exports. Agricultural imports totaled about US$4.28 B
while exports was onl y about US$ 2.655 B, a difference of US$1.634 B. Our agricultural imports and exports consisted
of the following: Food and live materials, tobacco and tobacco manufacturers, crude materials animals and vegetable oils and fats
, fertilizer manufactured , agricultural chemicals, and agricultural machinery Evident in the grouping of the agricultural imports
and exports is that
the greater bulk of imports were under the food and live materials at US$3.182 billion at 1.686 billion US$ for exports and
imports ,respectively.
Food and live animals constitute 74.2% of all imports. It was only the animals and vegetable oils and fats where export was
positive (127,875,000 US$) due to coconut oil export(raw oil or virgin coconut oil).
Table 9 . Agriculture exports & imports ('000 US$) by major grouping, Philippines. 1994-2008

GMA was not yet the president from 1994 to 2000 (6 years) as she assumed presidency in themiddle of 2001 is correct. But
the value of 2008 e xports and imports is more instructive. In 2008, the agricultural imports amounted to US$
7.685 billion while agricultural exports amounted only to about US$3.889 billion or a difference of US$ 3.795 billion (or 97.6%
more imports). Food imports amounted to US$5.874 billion of the US$ 7.685 billion or 75.26% but if the vegetable oils and fats
will be included, then, thetotal food imports will increase to US$ 6.124 billion or 79.69%. The value of imports (US$ 7.684 B)
was80% higher than the 7 years average (2001-2008) and it was almost 2 times (1.98x) higher than the value of agricultural
exports. The 2008 agricultural import was 26% of the total imports for the 7 years (2001-2008)at US$ 30.2 billion.What is clear
in these agri-stats cited is that we became a major agri-products importer during the 9years of PGMA. Agricultural imports had
an average annual growth of 13.2% while agricultural exports wasonly 9.27% or a difference of 4.13%. Why did we import the
most in 2008 or why our agricultural importsincreased b y 80%. The total imports ( 2005-2009) for the top 4
crops(Lantican,2011) was alrea dy PhP 105.7 billion (USD 2.46 billion @1 USD = PhP 43 )
Aquino and Arroyo accomplishments in strengthening agricultural sector.

https://www.scribd.com/doc/73426407/Agriculture-Under-President-Gloria-Macapagal-Arroyo

http://www.philippinecountry.com/philippine_presidents/President_arroyo/accomplishments.

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