Laurel said the situation calls for urgent action, as onion prices could surge to levels similar to the 2022 crisis.

The National Food Authority (NFA) may release rice stocks next week following the declaration of a food security emergency, ...

The National Food Authority is expected to start releasing at least 700,000 bags of NFA rice to local government units (LGUs) ...

The ministry, in a report, also said by June, inflation is expected to fall to 8%, and if it drops below 6.5% in the future, the government will consider reducing subsidies by raising gas and electric ...

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