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Rice Credit on Pangasinan

Manila Bulletin - 06 July 2012

LINGAYEN, Pangasinan — Local government units (LGUs) in this province may now purchase rice on credit from the National Food Authority (NFA) under a Rice Loan Program agreement between LGUs and the NFA-Western Pangasinan. “It (the program) is designed to cushion the impact of various calamities that may hit the country and will ensure the LGUs' priority access to NFA rice for its immediate relief distribution operations,” said NFA Provincial Manager Beverlyn Peralta. Under the agreement, certain terms and conditions for withdrawal of rice and payment of stock shall be followed based on the NFA Consumers' Price as indicated in the latest Selling Price Bulletin. (Liezle Basa Iñigo)

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