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Philippines declares food security emergency over high rice prices, despite global drops.
The Philippine government declared a food security emergency to address soaring rice prices, despite global price drops and tariff reductions.
This move allows the release of buffer stocks by the National Food Authority to stabilize prices and ensure rice remains accessible to consumers.
The emergency will stay in effect until the price situation improves.
The government also aims to replicate Nueva Ecija's successful rice production model across the country to boost yields and food security.
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Filipinas declara una emergencia de seguridad alimentaria por los altos precios del arroz, a pesar de las caídas mundiales.