00:00The Agriculture Department is studying the declaration of a food security emergency for the next year
00:06to lower the price of rice.
00:09This is just one of the DA's proposed solutions for its high price.
00:13On the first week of January, the DA and Bureau of Plant Industry officials
00:19met to discuss the rice situation of the country.
00:23Under the Rice Tarification Law,
00:25the DA has the power to declare a food security emergency
00:29so that the National Food Authority can export rice
00:33which will help to stabilize the price of rice.
00:37First, the DA announced that they plan to remove the labels of imported rice
00:42because it is used to increase the price of rice.
00:46The DA reminded that the purpose of importing rice
00:50is to lower its price in the market.
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