Duterte wants 60-day NFA rice buffer stock: ‘Fill warehouses to the roof’
More rice please.
President Duterte has directed the National Food Authority (NFA) to buy more rice from local farmers before resorting to importation to raise the buffer stockpile to 60 days from the mandatory 15 days.
Duterte issued the order to increase the NFA rice inventory during the meeting of the reorganized NFA council he presided for the first time in Malacañang.
Agriculture Secretary Manny Piñol said Finance Secretary Carlos Dominguez has been asked to provide funds for the NFA’s local rice procurement program.
“Buy from the Filipino farmers first and if you could not find sufficient stocks to be bought at the price approved by the NFA Council, that’s the time you source it through importation,” the President was quoted as saying.
“Fill those warehouses to the roof. I would rather see overstocks rather than go through another shortage of buffer stocks,” he said.