NFA assures sufficient buffer stock as fresh imports arrive
The National Food Authority (NFA) said there will be sufficient buffer stock for the entire country as the agency starts distributing low-priced, good quality government subsidized rice in Metro Manila markets.
NFA rice at P27 per kilogram (/kg) and P32/kg was just recently distributed in Central Luzon, Bicol, Northern Mindanao and Caraga regions.
“We have seen how our poor and low-income patrons, who rely on NFA rice as their only option for their daily meals, suffered in the midst of rising prices as a result of new tax measures,” NFA Administrator Jason Aquino said.
“We will not allow that to happen again,” he added.
In an early morning market inspection yesterday, Aquino supervised the distribution of rice back in Metro Manila markets.
The agency waited several days for the weather to clear for the imported rice shipments to be finally delivered to the NFA warehouses.
The shipments came from Vietnam and Thailand, the only countries with a memorandum of agreement on rice importation with the Philippines.