Resolution for rice farmers
TO ARREST THE worsening rice crisis, 53 congressmen led by the Makabayan Bloc filed a resolution last September 19 to propose an additional ₱15-billion budget for the National Food Authority (NFA).
This will be used for the procurement of 750,000 metric-tons (MT) of palay (unhusked rice) from local farmers at a farmgate price of P20/kilo. They asserted that the initially proposed ₱7-billion allocation is extremely low as this can only procure 350,000 MT of palay.
To help ease the adverse impacts of the Rice Liberalization Law, they also proposed to peg the market price of NFA rice at ₱27/kilo.