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President Ferdinand Marcos stressed that the Rice Tariffication Law would regulate the surging rice prices, citing the need to allow the National Food Authority to import rice.
“If Congress permits the NFA to import, it will help stabilize rice prices, fulfilling its original mandate,” he said. These remarks were made during the distribution of Certificates of Land Ownership Award and e-titles to farmers at the South Cotabato Gymnasium and Cultural Center. The President said infrastructure improvements such as fixing ports and farm-to-market roads are underway to facilitate better transport of agricultural products.
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