A PIDS study said that for the National Food Authority (NFA) to stay relevant in a deregulated rice industry, it should function as a pure buffer stocking agency with no regulatory mandate over the rice market. NFA-induced distortions, the study noted, have prevented the private sector from maintaining sufficient inventory to head off price spikes. The sooner the distortions are removed, the better for stability of rice prices.

Know more about the study titled ” Options for reform of the National Food Authority” here: https://pidswebs.pids.gov.ph/CDN/PUBLICATIONS/pidspn1809.pdf

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