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DA chief: No sugar imports until mid-2025
The Philippine Star
|November 11, 2024
There will be no importation of sugar until mid-2025 as the domestic supply of both raw and refined sugar remains stable and sufficient to meet projected needs, Agriculture Secretary Francisco Tiu-Laurel Jr. said.
The decision was reached during his recent meeting with Sugar Regulatory Authority (SRA) Administrator Pablo Luis Azcona.
"Administrator Azcona and I agreed that a decision on sugar importation could be delayed until after May, when the current harvest season ends," Tiu Laurel said.
He added that they will have to first gain a clearer understanding of the country's domestic supply with the start of the current crop year's harvest.
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