• last year
Inalis na ni Pangulong Bongbong Marcos ang price ceiling sa bigas halos isang buwan mula nang ipatupad ito. Ano ang magiging epekto nito sa presyo ng bigas sa mga pamilihan at paano naman kaya ang halos kaka-apruba lang na subsidy para sa mga magsasaka?

May ulat si Rex Remitio.

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Transcript
00:00 When you go to the market, don't be surprised if you see the price of the rice you bought is rising.
00:06 This means that the price of the rice you buy is now free to rise.
00:19 Because of the price ceiling, you can only sell a kilo of regular milled rice for P41.
00:27 While P45 is the price of well-milled rice.
00:31 Now, supply and demand are the ones who will decide the price.
00:35 But it doesn't mean that it's just like that.
00:38 Because we still need to fix the agricultural sector. We still need to help.
00:45 This includes providing assistance to farmers,
00:48 in accordance with the funds collected under the Rice Tarification Law.
00:54 The Food Stamp Program is also ongoing for the 1 million poorest families.
00:59 They receive food assistance.
01:02 And they use that food assistance to buy rice.
01:06 Because the cheap rice is readily available in our markets.
01:09 The government's decision is supported by the agricultural industry.
01:15 The group said that hoarding and smuggling is the reason for the price to rise.
01:21 Retailers and buyers have a different reaction.
01:25 It's rising.
01:28 Everything is rising.
01:34 It's okay, but it's harder.
01:36 It's better to have P45 and P41. We can't do anything.
01:39 But I have no choice.
01:44 The government continues to fight against smugglers.
01:49 And against smugglers and hoarders of rice.
01:52 In fact, the President himself named some of the government's victims.
01:58 We are now a new Philippines.
02:01 And we will fight against those who do not fight the law.
02:08 Meanwhile, the President admitted that the problem with rice is one of the reasons for his approval ratings to fall.
02:16 From 80 to 65 percent according to the survey of Pulse Asia.
02:21 It's not surprising.
02:23 People are having a hard time.
02:25 The problem is rice.
02:28 It's a different story when it comes to rice.
02:30 They will continue to find ways to solve the price of rice.
02:36 Not to increase his ratings, but for the welfare of the people.
02:42 Rex Remicchio, CNN Philippines

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