Info Resource

Self-sufficiency or security?
05:43:23 PM | Wednesday, May 9th, 2018

Source: https://news.mb.com.ph
Author: Manila Bulletin

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

Every administration has high aspirations of making our country self-sufficient in rice. This is understandable, considering that we are a rice-consuming and producing country.

The previous administration had proclaimed the country would be totally self-sufficient in rice by 2013.

It failed to meet that target.

From 96 percent rice self-sufficiency in 2013, the figure actually dropped to 92 per cent in 2014. And the rice self-sufficiency policy has also resulted, ironically, in rising prices of rice.

As pointed out by the International Rice Research Institute (IRRI), the policy of imposing import restrictions to achieve rice self-sufficiency actually raises domestic prices, which then reduces household food security.

Read more: https://news.mb.com.ph/2018/05/08/self-sufficiency-or-security/

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