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Feb 15, 2018 @ 9:10

NFA Council to launch an audit on all import deals

NFA Council, the highest policy making body of National Food Authority (NFA), will soon launch an audit on all the state-run grains agency’s import transactions, an official at the Department of Agriculture (DA) said.

Agriculture undersecretary Ariel Cayanan said Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo, who is BSP’s representative at the NFA Council, recommended to to look into importation — from the time NFA acquired new stocks up to the distribution.

Cayanan said he attended the meeting as a resource person.

As National Economic and Development Authority’s (NEDA) representative at NFA Council, Mercedita Sombilla, NEDA Director of Agriculture, Natural Resources, and Environment Staff, confirmed this, saying that the Council wants to do the audit “ASAP”.

To recall, it was just this week when NFA Council, with the influence of the President, allowed NFA to import 250,000 metric ton (MT) of rice even if there’s abundance in local supply.


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