MANILA, Philippines — The government is considering providing a 50-percent insurance subsidy to hog raisers to address the pork supply lack caused by the African Swine Fever (ASF). "One proposal being studied is an insurance subsidy of 50% for commercial hog raisers that will utilize the quick response fund under the quick response fund of the Department of Agriculture. This is just one initiative being considered to help our hog farmers increase supplies," Nograles said at a press briefing. One of them is the giving of additional support for our hog raisers to address the lack of supply of pork in the market," he added. It has also formed an anti-hoarding task force and has allocated P27 billion in loans to support the hog industry.

Source: Philippine Star February 23, 2021 07:30 UTC