Source
The in-quota tariff revenues from the importation of agricultural products within the MAV shall constitute the Agricultural Competitiveness Enhancement Fund (ACEF), including unused balances and collections from repayments from loan beneficiaries including interest, if any. The fund has been assigned an account called Special Account 183 which is automatically appropriated in the General Fund. The fund release shall not be subjected to any ceiling by the Department of Budget and Management (DBM). As a continuing fund, the fund will continue to be set aside up to the year 2015 after which setting aside of the amount shall terminate. However, any remaining balance(s) at the date of expiration of the fund shall not revert to the General Fund but shall continue to be used for the purpose for which it was collected and set aside.

Use
The Agricultural Competitiveness Enhancement Fund (ACEF) shall be set aside and earmarked:(a) for the protection of farmers and fisherfolk against unfair trade practices such as smuggling, dumping of agricultural products or other similar acts of unfair trade practices; (b) for the increased productivity of farmers by providing the necessary support services such as but not limited to irrigation, farm-to-market roads, post-harvest equipment and facilities, credit, research and development, other marketing infrastructure, provision of market information, retraining, extension services, micro, small and medium scale enterprises (MSMEs), in agriculture, aquaculture and fisheries sectors, young entrepreneurs, graduates of agriculture, fisheries and related courses, agriculture and fishery cooperatives, corporations, and other entrepreneurs engaged in economic enterprises related to agriculture and fisheries and assistance and support to agricultural activities including, but not limited to, reduction of input cost, quality improvement, supply chain efficiency and other infrastructure such as equipment and access roads for cost effective delivery of products and services.

The Agricultural Competitiveness Enhancement Fund (ACEF) shall finance projects and activities that will help enhance the competitiveness of the agriculture and/or fisheries sectors. The fund shall be specifically used for the Capital Outlay (CO) expenditure and MOOE requirements of projects and for public investments such as public markets cold chain infrastructure, access roads and similar products. The total expenditures on all projects for ACEF assistance shall not exceed the available resources in Special Account 183.

Eligible Project Proponents
  • Cooperatives/associations of Filipino farmers and fisherfolk;
  • Micro, Small and Medium Scale Enterprise (MSMEs) in agriculture, aquaculture, and fisheries sectors;
  • Agriculture and fishery cooperatives and other entrepreneurs engaged in economic enterprises related to agriculture and fisheries;
  • Government organizations such as Local Government Units (LGUs), government corporations, and other local and national government agencies who have joint venture undertakings with farmers, fisherfolk, women’s group, young agriculture and fisheries graduates, peoples organizations (POs) and indigenous peoples (IPs); and
  • Academic and educational institutions such as State Universities and Colleges (SUCs) and private academic institutions with business arrangements/tie-up with farmer’s/fisherfolk’s cooperatives/associations or private entities primarily engaged in agriculture or fisheries in the locality where the SUC is situated.
Eligible projects for ACEF Financing
  • Irrigation
  • Farm to market roads
  • Agri-based production and post-production and processing activities
  • Post Harvest equipment and facilities
  • Credit
  • Research and development assistance and commercialization of such, including the upgrading of research facilities;
  • Marketing infrastructure
  • Provision of market information, public information and promotional activities
  • Training and extension services
  • Funding of a comprehensive undergraduate scholarship program for agriculture, forestry, fisheries and veterinary medicine and graduate studies in environmental and marine science, hydrology, renewable energy, and agri-business management programs
  • Other forms of assistance and support as recommended by the ACEF Project Executive Committee (Execom)which shall include but not limited to management services, agricultural pest and disease management, institutional capacity/capability strengthening activities and project proposal/feasibility study (FS) preparation. Also included are assistance for the protection of farmers against unfair trade practices such as smuggling, dumping of agricultural products or other similar acts of unfair trade practices as recommended by the Executive Committee (ExeCom).
Attachments:
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