Philippine ag output rebounds with 5.28% growth
“At current prices, the gross value of agricultural production amounted to P407.6 billion. This was 8.79 percent higher than the previous year’s record,” the PSA added.
Agriculture Secretary Emmanuel Piñol, who earlier predicted a low 2 percent growth rate for the period, was quick to attribute the “strong” performance of the farm sector to the support of President Rodrigo Duterte, and the hard work and dedication of the officials and workers of the Department of Agriculture.
“We need to work harder…. this is just the beginning of greater things. All we need to do is to faithfully follow the roadmaps we have prepared and we cannot go wrong,” he added.
Production gains were also noted among banana, pineapple, peanut, mongo, cassava, tomato, garlic, onion, eggplant and other products. At current prices, the subsector grossed P233.5 billion, which was 10.45 percent more than last year’s gross receipts.
Source: manilatimes.net
