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Government allots P6.1 B for emergency rice imports
09:02:56 AM | Wednesday, April 11th, 2018

Source: https://www.philstar.com
Author: Louise Maureen Simeon

Any views expressed in this article are those of the author and not of Philippine Statistics Authority.

MANILA, Philippines — State-run National Food Authority (NFA) is allocating around P6.12 billion for the procurement of the 250,000 metric tons (MT) of rice as part of the emergency importation via the government to government (G2G) scheme.

NFA is set to send the letter of invitation to the governments of Thailand and Vietnam for the supply of 250,000 MT of 25 percent brokens long grain white rice well-milled.

Only Thailand and Vietnam can participate in the bidding process since they are the only ones with an existing memorandum of agreement with the Philippines.

NFA will open sealed bids on April 19 and issue the notice to proceed on April 24.

Of the total volume, 200,000 MT are expected to arrive not later than May 31 and the remaining 50,000 MT will arrive not later than June 30.

Read more: https://www.philstar.com/business/2018/04/11/1804698/government-allots-p61-b-emergency-rice-imports

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