Rice as a strategic commodity with security undertones is to be safeguarded at all times. As part of its privatization agreement with the Government, BERNAS is also responsible to manage and maintain National Rice Stockpile to ensure that the country has sufficient supply of rice at all times. We regard this role as more than an emergency or food security function. It is also a mechanism to stabilize supplies and prices of rice in the country.
Following the rice crisis of 2008, the Government has increased the national stockpile level from 92,000 metric tonnes to 292,000 metric tonnes at any one time. This move has increased public confidence on food security as well as placed us in a better position to stabilize the market.