The Daily Tribune
Crisis call eyes price deflation
The Department of Agriculture (DA) is preparing to declare a national food emergency for rice, as early as Wednesday, due to persistently elevated prices despite government interventions.
DA Assistant Secretary Arnel de Mesa stressed that this declaration is not due to a supply shortage, as the country has sufficient rice.
The primary justification for the emergency declaration is the extraordinary increase in rice prices, as allowed by Republic Act 12078.
Government initiatives, including Executive Order 62 reducing rice tariffs and the Kadiwa program, have been implemented to lower prices, but the decrease has not met expectations.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
President Ferdinand "Bongbong" Marcos Jr. is considering declaring a food security emergency due to persistently high rice prices, even as the Department of Agriculture assures there is no rice supply shortage.
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The Department of Agriculture (DA) insists on declaring a Food Security Emergency for rice despite a downtrend in global and local prices to manage the National Food Authority's (NFA) buffer stock.
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The Department of Agriculture (DA) is still awaiting an official copy of the National Price Coordinating Council (NPCC) resolution recommending a food security emergency declaration for rice.
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National Security Adviser Eduardo Año supports the Department of Agriculture's (DA) planned move to declare a food security emergency by the end of January due to rising rice prices.
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Department of Agriculture Secretary Francisco Tiu Laurel has not yet received the official recommendation for declaring a food security emergency, expecting it possibly next week.
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