Agriculture Secretary Francisco Tiu Laurel Jr. said the Sugar Regulatory Administration (SRA) board, which he chairs, would approve the importation program during their meeting next month.
He said the volume could still increase depending on their deliberations on the country's sugar supply situation.
Nonetheless, he noted that the minimum 200,000 MT import volume is being eyed to plug the foreseen shortfall in sugar stocks by August and tide over the country until the next milling season in October.
"That is for the gap before the harvest and the refining season," Tiu Laurel said in an interview with reporters late Wednesday.
The importation program has been on the table for six months already with industry stakeholders, including planters, being consulted about the matter, the agriculture chief said.
Bu hikaye The Philippine Star dergisinin June 28, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin June 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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