MANILA, Philippines (PNA) — Malacañang wants to focus on getting the results of the formal audit at the National Food Authority (NFA) before debating on whether or not the agency should be abolished.
"At this point, the discussion of abolition of the NFA has been preliminary. As of the moment, the focus really is to get the details of the audit," Deputy Presidential Spokesperson Abigail Valte said in a radio interview over State-run Radyo ng Bayan.
Earlier, Department of Budget and Management Secretary Florencio Abad said the government is studying the possibility of NFA's abolition.
The plan to abolish the agency came after NFA administrator Angelito Banayo discovered that the government incurred P176.7-billion in debt due to over importation of rice.
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