This is to provide enough buffer in strategic areas especially in Metro Manila, where there is almost no agricultural production. Stocks are ready for delivery and disbursement as needed.
In a report to Agriculture Secretary William Dar, NFA administrator Judy Carol Dansal assured that the state-run grains agency has enough rice at hand to meet the requirements of the National Capital Region for the next two weeks—with additional supply readily available depending on demand.The NFA currently has 20,000 metric tons of rice in its warehouses around Metro Manila.
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Asian stocks rise after Wall Street gains on aid hopeBEIJING — Asian stock markets were mostly higher Friday after modest Wall Street gains on hopes government and central bank action can shield the world economy from a looming global recession
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