P10-B pondo para sa NFA modernization program, inaasahang magpapalakas sa supply ng...

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00:00The National Food Authority is now targeting their 10 billion pesos modernization program

00:05where the goal is to strengthen the supply of rice and also increase the income of local farmers.

00:12According to the NFA, the program includes 1.5 billion pesos in the fund for the repair of their warehouses.

00:203.5 billion pesos will be allocated to increase the storage capacity of the agency to 800,000 metric tons.

00:30According to NFA Administrator Larry Lackson, this will help to solve the increasing demand for rice.

00:38The agency is also targeting to add rice mills and drying facilities

00:43that will increase the rice recovery rate and will bring increased income to the farmers.

00:50For now, the agency will continue to compose their warehouses, including the one in Bulacan.

00:57As of 2027, it is expected that the project will be fully functional before the harvest season.

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