MANILA, Philippines — The Department of Agriculture (DA) is expected to roll out rice from the National Food Authority (NFA) by next week.
On Feb. 4, the country was placed under a food security emergency as measures set in place to pull down rice prices have failed.
With the declaration of a food security emergency, the NFA can start selling its rice stocks.
Agriculture Secretary Francisco Tiu Laurel Jr., in a press briefing at Malacañang, said more than 50 local government units (LGUs) across the country have signified their interest to procure rice from the NFA.
The NFA will sell the rice stocks at P33 per kilo while the LGUs can resell the…