government subsidy – Thinking Port

COA flags NFA for P7B loan repayments instead of food stocks

August 9, 2019 admin COA, food security program, government subsidy, Headlines, Latest News Stories, Nation, National Food Authority

Credit to Author: racosta| Date: Fri, 09 Aug 2019 21:25:40 +0000

The National Food Authority (NFA) spent P7 billion in government subsidy to pay for maturing loans instead of implementing the agency’s Food Security Program (FSP), which was its intended purpose.

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