With La Niña expected to arrive in the country in the third quarter, the government must shore up its rice buffer stock to last for 15 to 30 days, according to a partylist representative. Agri Partylist Rep. Wilbert T.
With La Niña expected to arrive in the country in the third quarter, the government must shore up its rice buffer stock to last for 15 to 30 days, according to a partylist representative.
“But the NFA said recently that the national rice inventory would only last for four days during emergencies or disasters. This is not enough.” Lee then called for the urgent passage of his proposed House Bill 9020 or the “Cheaper Rice Act” which will mandate the government to implement a “price subsidy” program to buy palay from local farmers at a higher farmgate price to ensure their profit and entice them to boost their production.
The solon from Bicol further stressed that the best defense against inflation is supporting farmers whom he considers as “food security soldiers.”
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