00:00Meanwhile, the rice of the National Food Authority is not far from the commercial rice.
00:05That's what the NFA promised after the Department of Agriculture declared the food security emergency for rice.
00:12Keith Delecruz-Pilote of Radyo Pilipinas for Panbansa News.
00:18The NFA's target of 6 million sacks of rice was released by the National Food Authority.
00:24Now, the food security emergency has been declared to lower the price of rice in the market.
00:31In a statement of Radyo Pilipinas, NFA Administrator Larry Lacson said that the price of NFA rice will fluctuate from P29 to P38.
00:43Our target is that half of our buffer stock will be unloaded in the first 6 months.
00:49And then the second half will be unloaded in the second 6 months.
00:54So that at least our stocks will be able to buy from farmers.
01:00Aside from the low price of NFA rice, the quality of NFA rice is not far from the commercial rice.
01:05The agency does not allow rice to be taken out of the warehouse that does not meet their requirements.
01:12Although there is already a food security emergency, our countrymen in Metro Manila need to wait for a while to be able to buy cheap rice.
01:22There are successive processes in buying NFA rice from LGUs.
01:26The reason for this is that the sale of NFA rice in the market will not be abused.
01:31There is a short time limit because the food security emergency was just declared.
01:36From that declaration, they will free up their funds.
01:41For those who do not have funds, some of them will make resolutions.
01:49After NFA was declared, they continue to consult with LGUs and government agencies
01:56in accordance with the directive of President Ferdinand R. Marcos Jr.
02:00to provide Filipino with affordable and high-quality rice.
02:05From Radyo Pilipinas News, I'm Delacruz Pilutin for Balitang Pambansa.
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