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                    [ArticleID] => 195748
                    [Title] => Funds lack blamed for AFMA failure
                    [Summary] => The Agricutural and Fisheries Modernization Act (AFMA) which expired last Feb. 8 flopped due to Congress’ failure to put money into the program.


Agriculture Undersecretary Arsenio Balisacan said that during the entire life of AFMA, huge amounts were appropriated for the program, but actual releases were inadequate to meet the department’s objectives.


"AFMA was a good law, but the program hardly took off because there just wasn’t enough financing," Balisacan said, adding hardly 50 percent of appropriated funds were released.


                    [DatePublished] => 2003-02-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
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AGRICUTURAL AND FISHERIES MODERNIZATION ACT

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                    [ArticleID] => 195748
                    [Title] => Funds lack blamed for AFMA failure
                    [Summary] => The Agricutural and Fisheries Modernization Act (AFMA) which expired last Feb. 8 flopped due to Congress’ failure to put money into the program.


Agriculture Undersecretary Arsenio Balisacan said that during the entire life of AFMA, huge amounts were appropriated for the program, but actual releases were inadequate to meet the department’s objectives.


"AFMA was a good law, but the program hardly took off because there just wasn’t enough financing," Balisacan said, adding hardly 50 percent of appropriated funds were released.


                    [DatePublished] => 2003-02-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Funds lack blamed for AFMA failure

By Rocel Felix | February 17, 2003 - 12:00am

The Agricutural and Fisheries Modernization Act (AFMA) which expired last Feb. 8 flopped due to Congress’ failure to put money into the program. Agriculture Undersecretary Arsenio Balisacan said that during...

Business