Crisis no more? PH to import 100,000MT rice for starving Mindanao
The government has successfully secured import pledges for a total of 100,000 metric tons of rice, which will be sent to Zamboanga, Basilan, Sulu and Tawi-Tawi amid limited supply.
Land Bank of the Philippines made the announcement, saying that the imports will arrive between Oct. 1 to Nov. 30, 2018.
“This is seen to boost the supply of rice in the area and complement ongoing rice distribution
operations of the NFA (National Food Authority),” the state bank said in a statement after conducting the auction on Thursday, Sept. 20.
Rice will come in via the Zamboanga City port. All shipments will be slapped with a 35 percent tariff, to be settled prior to actual shipments.