CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Default / Miscellaneous

Philippine rice self-sufficiency target delayed

Published: 08 Oct 2014 - 12:48 am | Last Updated: 20 Jan 2022 - 07:23 pm


MANILA:  The Philippines has pushed back its 2013 target to attain self-sufficiency in rice production by another two years, an official said yesterday, adding that the country may have to import hundreds of thousands of tonnes next year.
“We’re pretty set at 1.7 million metric tonnes” of rice imports for this year, said Francis Pangilinan, an adviser to President Benigno Aquino on food security.
Asked if the Philippines planned to import even more than 1.7 million tonnes next year, Pangilinan said: “That’s a possibility.”
He said the Philippines is now aiming to end rice imports in 2016 -- three years later than its original 2013 target.
Last year the Philippines imported a million tonnes of rice, making it the eighth largest importer in the world, according to the US agriculture department.
During the global food crisis in 2008, the Philippines imported a record 2.34 million tonnes of rice, the largest for any country.
“Bad weather, including frequent typhoons and floods, had repeatedly stymied the country’s efforts to produce enough rice.”
The Philippines suffered from supply tightness in 2013, forcing the government to resort to more imports in the latter part of that year, he added. The situation was repeated this year, with domestic rice prices shooting up by about 20 percent between June and October, he said.
This forced the government to inject subsidised rice into the local market to stabilise prices.
About 26 percent of the rice now on the local market is state-subsidised rice, he added.
With these factors in mind, Pangilinan said rice self-sufficiency remained an important target.                      AFP