The National Economic and Development Authority (NEDA) is supporting a stronger role for the National Food Authority (NFA) in buffer stocking by being allowed to import rice during emergency situations.
"We are in favor of the strengthening of NFA's role in buffer stocking for emergency purposes," NEDA Secretary Arsenio Balisacan told reporters on the sidelines of the Business World Economic Forum yesterday.
Under the Rice Tariffication Law (RTL), he said the NFA's role has been limited to buffer stocking during emergency situations.
"So if there's drought, calamities, typhoons, destructions, that's when it comes in," he said.
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