[ NIA MEMORANDUM CIRCULAR NO. 12, S. 1999, May 03, 1999 ]

INCREASE OF GOVERNMENT SUPPORT PRICE FOR PALAY FROM P8.00 TO P10.00 PER KILOGRAM



Please be informed that the government support price for palay has been increased from P8.00 to P10.00 per kilogram effective March 1, 1999 as implemented by the National Food Authority (NFA).

For purposes of computing the cash equivalent of Irrigation Service Fee (ISF), including penalties for late payment, the new NFA support price of P10.00 per kilogram shall be implemented in all the National Irrigation Systems effective the second cropping season of 1999.

Please be guided accordingly.

Adopted: 03 May 1999

(SGD.) MANUEL S. AREVALO
Administrator