
SRA budget up 41% next year – Recto; Alba welcomes move
The country's sugar industry getting financial boost next year.*Ronnie Baldonado photoActing Administrator David Alba of the Sugar Regulatory Administration on Monday, August 29, welcomed the announcement that the national government’s subsidy for the SRA will be increased next year.Deputy House Speaker Ralph Recto said, in a press statement Sunday, that the Department of Agriculture, with President Ferdinand Marcos Jr. at its helm, will see its budget shoot up by 44 percent, from P71 billion this year to P102.15 billion next year. A budget subsidy of P1 billion has been earmarked for the SRA, up by 41 percent, from this year’s P712.2 million, Recto said.“We welcome the budget increase for SRA for next year’s utilization as the industry is in dire need of programs to be implem...









