The National Economic and Development Authority (Neda) is studying the potential of utilizing the Philippine Rice Information System (PRiSM) as a tool to inform the government’s measures to manage inflation, particularly for the country’s staple. Neda sent a research team to the Philippine Rice Research Institute (PhilRice) in the Science…
The National Economic and Development Authority is studying the potential of utilizing the Philippine Rice Information System as a tool to inform the government’s measures to manage inflation, particularly for the country’s staple.
“Currently, we utilize PSA data to inform our inflation policy, but in order to enhance our inflation analysis, we need to augment our data sources. This is particularly important in the case of rice, our staple, and amid volatile weather situations,” Neda Agriculture, Natural Resources, and Environment Staff Officer-in-Charge Assistant Director Rory Jay S.C. Dacumos said.
When the SAR images are insufficient, PRiSM can process secondary data, such as data collected using drones. The compiled data is presented in the form of rice area maps that indicate the locations where rice has been planted, the timing of rice planting, and estimated rice yield.
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