Manila: Senator Francis Pangilinan is pushing for reforms to simplify loan requirements for farmers and fisherfolk seeking government financial assistance. In a news release, Pangilinan said local government units and the Department of Agriculture must play a more active role in helping rural workers access loans and process their documents, particularly during disasters and emergencies.

According to Philippines News Agency, Pangilinan emphasized the need to prioritize support for farmers and fisherfolk, highlighting their vital contribution to the country's food supply. He noted that many of these workers remain financially excluded and stressed the importance of making it easier for them to access capital to grow their businesses and contribute to national food security.

Pangilinan is reviewing potential reforms to the government's agricultural loan policies. These include faster approval times, more flexible repayment schemes, higher credit ceilings for performing borrowers, and specialized support for women and youth in agriculture. The planned reforms align with Republic Act 11321, or the Sagip Saka Act, which Pangilinan authored to promote development in the farming and fisheries sectors. The law enables national and local governments to directly procure produce from accredited farmers and fisherfolk, ensuring income stability and market access.