Info Resource

Subsidize Farmers
08:58:35 AM | Thursday, October 12th, 2017

Author: Victor Anthony V. Silva

Any views expressed in this article are those of the author and not of Philippine Statistics Authority.

Fertilizer firm’s top exec calls on gov’t to move to uplift agriculture sector

The government should subsidize farming inputs so as to achieve food security and uplift the country’s agriculture industry.

Takashi Sumi, president and chief executive officer of Atlas Fertilizer Corp. (AFC), made this call especially since the Philippines is the only country in Asia where fertilizer and other farming inputs are not subsidized by the government.

“Indonesia, India and Thailand – they put more budget for food security. The Philippines is not like that yet,” Sumi said in a press briefing for 60th anniversary of AFC, one of the country’s largest fertilizer companies, at the Waterfront Cebu City Hotel & Casino on Tuesday.

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