Pamahalaan, nagtakda na ng price cap sa bigas

  • last year
Pamahalaan, nagtakda na ng price cap sa bigas
Transcript
00:00 Let's go to the rice topic because the government promised, or the government promised, the price ceiling of regular milled rice is P41 per kilo.
00:17 While P45 per kilo for well milled rice. This is under the Executive Order No. 39, where President Ferdinand R. Marcos Jr. approved the Joint Recommendation of the Department of Agriculture and Department of Trade and Industry
00:42 to have a price ceiling for rice. This is because it is certain that rice will remain affordable for Filipinos, especially those in need.
00:53 President Marcos Jr. also ordered the DTI and DA, Department of Agriculture, to implement this price cap, price ceiling.
01:05 Monitor and investigate the abnormal movement of the price of rice and help the affected retailers, including DILG.
01:13 The price ceiling will be removed only when ordered by the President, also based on the recommendation of the Price Coordinating Council of the DA and DTI.
01:25 The Executive Order is also asking the Customs Bureau to inspect and raid rice and rice warehouses to fight smuggling, hoarding and illegal importation.

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