THE Department of Agriculture has approved the release of P1.336 billion for the Agrarian Production Credit Program (APCP) to bankroll the credit requirements of 35,341 agrarian reform beneficiaries (ARBs) nationwide.

The APCP – a joint program of the Department of Agriculture (DA), Department of Agrarian Reform and Land Bank of the Philippines – received initial credit funding of P1 billion from the government in 2012. Another P1 billion was appropriated for the program in 2013.

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