Archive for March 5, 2009

Japan turns over P300-M fertilizer assistance

npgaBy Brando Cortez

SUBIC -— A turn over ceremony between the Philippines and Japan for the 7th Non-Project Grant Assistance (NPGA) amounting to P300 million was held here Wednesday.

Japanese Embassy Minister and Head of Chancery Jiro Okuyama and Department of Agriculture Undersecretary for Finance Bernie G. Fondevilla led the turnover ceremony of ammonium sulfate fertilizers, which will be made available to farmers at prices lower than existing market levels.

The NPGA is an untied commodity grant that aims to promote economic and structural adjustment efforts, as well as mitigation of economic difficulties of the recipient country.

Okuyama said that Japan is extending the grant to assist the farmers in terms of lower fertilizer costs and increasing the country’s food productivity.

March 5, 2009 at 5:26 am Leave a comment

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