Re-Visiting ACEF
Over the years, the Agricultural Competitive Enhancement Fund, commonly known as ACEF, has allocated and/or disbursed P3.9 billion to several projects all over the country out of its fund availability of P5.8 B, leaving an unallocated balance of P1.9 B available to eligible projects till December, 2007, should the ACEF law not be extended.
The ACEF fund is a special purpose fund created by R.A. 8178, or the Agricultural Tarrification Act, out of the proceeds of in quota tariffs collected from the Minimum Access Volumes (MAVs) importations with the intent of financing activities that will help the agricultural sector become globally competitive and sustainable.
















