Warning of a spike in global prices of rice, Senator Grace Poe has renewed her call for a full-time Agriculture Secretary to address this problem and other issues hounding the agriculture sector. | MAgerINQ
“Our GDP may have grown to 6.4% in the first quarter of 2023, but it looks like our GNP or ‘Gutom na Pilipino’ also continues to grow. Ngayon pa lang, marami na sila,” she said., showing that 3 out of 10 Filipinos are “food poor” while an additional 3 out of 10 are “near food poor” or “have barely enough.”
Though the country sourced a mere 10,045 metric tons of rice from India last year, its decision to halt all exports of non-basmati rice could still hurt the Philippines, she said. Thus, she warned that the decline in global supply from the biggest rice exporter “is expected to cause a spike in global rice prices because of speculation.”Poe then proposed several measures to address this issue, including the“With the long waiting line,” the senator could only wish the President the best of luck as the chief executive plans to pursue a rice import deal with India.
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