The National Food Authority (NFA) has received a rare commendation from the Commission on Audit (COA) for effectively maintaining a “near-optimal” national rice buffer stock, the Department of Agriculture (DA) announced on Friday. In its latest Audit Observation Memorandum (AOM), COA praised the NFA’s improved inventory management practices, highlighting the agency’s success in achieving the mandated 300,000 metric tons (MT) …
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The Market Monitor Minding the Nation's Business