00:00Tomorrow, the Department of Agriculture is expected to declare the National Food Emergency
00:06to lower the price of rice.
00:08The DA has already accepted the recommendation of the National Price Coordinating Council,
00:13said Agriculture Secretary Francisco T. Laurel Jr.
00:17Once this is implemented, the National Food Authority will allow the release of buffer stock of their rice.
00:24The NFA will also allow the purchase of direct rice from farmers.
00:29300,000 bags of rice have been sold by the NFA to LGUs for P36 per kilo.
00:36It is expected to be sold to the public for P38 per kilo.
00:41It is possible that the NFA will add more rice if needed.
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