President Ferdinand Marcos Jr. has assured the public that the country’s rice situation is “manageable and stable” amid an onslaught of the El Niño phenomenon. | JMangaluzINQ
“The rice situation is manageable and stable. There is enough rice for the Philippines up to and after El Niño next year,” Marcos declared following the presentation.
In a report early this month, the National Food Authority’s rice stockpile has been found to have fallen short of the minimum inventory requirements to help the Philippines get through calamities.The report said the NFA’s buffer stock as of end-June this year stood at 1.22 million bags or 60,819.95 MT, good for just two days based on daily rice consumption rate of 679, 670 bags or 33,983.5 MT. According to an official, a safe buffer stock based on daily consumption should last nine days.
But based on the agency’s average daily sales of 26,085 bags, its inventory is good for 47 days, an NFA report showed. The report also emphasized that NFA’s stock is only part of the national rice inventory. The rest is held by households and the commercial sector. “We don’t need to panic for anything else. Kalma lang po tayo. It’s very important that we are one in our objective to be positive on this. Mayroon po tayong sapat na bigas,” Prism lead convener Rowena Del Rosario-Sadicon said in the statement released by the Palace on Wednesday.
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