The Philippines has strengthened its efforts to ensure food security, productivity and economic growth, as the conflict between Russia and Ukraine continues.
President Rodrigo Duterte said mitigating measures and contingency plans will be in place such as food stability as part of the government’s proactive response to the conflict. The President also approved the fuel discount vouchers for farmers and fisherfolks due to the rising oil prices.
The Department of Agriculture DA cited reasons why it decided to have a new certificate for import of small pelagic fish for this quarter of 2022. The fishing sector is one of the sub-sectors of agriculture that was badly hit by Typhoon Odette. There is a need to enhance the capacity of fishers to catch. The high prices of fish in most of the markets contribute to food inflation. Logistic problems must be properly managed as well.
The National Fisheries and Aquatic Resources Management Council (NFARMC) said the country has more than enough supply, but based on the data of the Bureau of Fisheries and Aquatic Resources (BFAR), there is a potential deficit of about 119,000 metric tons this quarter.
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