The Marcos Jr. administration seeks to eliminate severe food insecurity in the Philippines starting next year through various mechanisms that include lowering of tariffs on key commodities in the short-term period. Know more:
THE Marcos Jr. administration seeks to eliminate severe food insecurity in the Philippines starting next year through various mechanisms that include lowering of tariffs on key commodities in the short-term period.
The PDP also showed that moderate to severe food insecurity, estimated at 33.4 percent in 2021, would continuously decline over the next six years until it falls to 24.4 percent by 2028. Part of the measures of the government to achieve lower food insecurity in the country is ensuring sufficient and stable supply of food commodities, based on the PDP.
The national government would establish an “anticipatory mechanism” that would “facilitate the timely implementation of appropriate measures to enhance domestic supply and forestall the sudden or sharp uptick in domestic food prices.” In the Asia-Pacific region, the Philippines ranked 13th out of 23 countries, behind Azerbaijan and Thailand. The GFSI index showed that the Philippines had a better food security score than India , which placed 14th, and three Southeast Asian neighbors—Myanmar , Cambodia and Laos .
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