September 6, 2018
The Department of Finance (DOF) has asked the National Food Authority (NFA) to immediately explain why it had procured palay stocks way below its projected buffer requirement in the second half of 2017 and revised its buying mix to heavily favor imports over rice from local farmers during the same period, despite ample funds at its disposal and a standby credit facility that it could have readily tapped to maintain its mandated buffer stock.Read More »
DOF PR Repository 