Philippines declares food security emergency to curb soaring rice prices

Philippines declares food security emergency to curb soaring rice prices

Daily Current Affairs   /   Philippines declares food security emergency to curb soaring rice prices

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Category : Miscellaneous Published on: February 06 2025

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Philippine Agriculture Secretary Francisco Tiu Laurel declared a food security emergency to stabilize high rice prices, allowing the release of rice buffer stocks to protect consumers, following a 21.4% rice inflation in December 2023.

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