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RP to import P12-B worth of rice in '05.
(From Philippine Daily Inquirer)
Byline: Carlito Pablo
THE PHILIPPINES will import close to one million metric tons of rice in 2005 at an estimated value of P12.6 billion due to insufficient domestic production of palay.
This was disclosed by Rep. Rolando Andaya Jr. (LP, Camarines Sur), chair of the House appropriations committee, following a hearing last week on the proposed budget of the Department of Agriculture for next year.
"Swelling population and static hectarage of rice lands have conspired to make us partially dependent on rice imports," Andaya said.
He said that although top agriculture officials had forecast a record-high harvest of palay (unhusked rice) in 2005, total palay production will still not be able to meet domestic ...
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