The National Food Authority Council (NFAC) has approved new procedures for rice biddings to allow more traders to join.
In a statement, NFAC chairman and Cabinet Secretary Leoncio Evasco announced on Tuesday that the council approved several measures in its rice importation programs in line with its recent policy shift, including the implementation of a tranche-based delivery in the minimum access volume (MAV) and the government-to-private (G2P) schemes.
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