The National Food Authority (NFA) admitted on Wednesday that it has 4 million bags of imported rice stocked in its warehouses, the reason why it has not been buying palay (unmilled rice) from local farmers.
This was uncovered during a Senate hearing by the agriculture and food committee chaired by Sen. Cynthia Villar. The inquiry was held to determine the impact of the liberalization of rice importation, exportation and trade.
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