The Sugar Regulatory Administration (SRA) on Wednesday released an order authorizing the importation of 440,000 metric tons (MT) of refined sugar, even without the signature of President Ferdinand "Bongbong" Marcos Jr., who sits as chairman of the SRA Board in his capacity as Secretary of Agriculture.
The Sugar Regulatory Administration on Wednesday released an order authorizing the importation of 440,000 metric tons of refined sugar, even without the signature of President Ferdinand "Bongbong" Marcos Jr., who sits as chairman of the SRA Board in his capacity as Secretary of Agriculture.
The document was signed by the SRA Administrator David John Thaddeus Alba , SRA Board members Mitzi Mangwag and Pablo Luiz Azcona . “For upcoming orders, we respectfully send it to the President so that he is very well informed. Before we release it, it is always nice to have his input,” said Azcona.Under the SO 6, the maximum allowed volume of sugar to be imported is 440,000 MT, broken down as follows:240,000 MT shall be allocated as buffer stock and shall only be released for consumers upon approval of the SRA Board
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