Neda wants food importation fast-tracked

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Acknowledging that consumer price hikes in the Philippines have been the fastest in the Association of Southeast Asian Nations (Asean)-5 and badly hurting poor Filipinos, state planning agency National Economic and Development Authority (Neda) is pushing to fast-track food importation and nationwide distribution of agricultural goods.In a report on Thursday, Neda said easing fish importation might be considered moving forward to arrest high food prices.

“In the medium term, the government may need to explore the possibility of further liberalizing other sectors of the economy to lower domestic prices while at the same time promoting competitiveness of local producers. The DA (Departme…

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