00:00Is it possible to lower the price of rice in October due to the lowering of the price of rice under Executive Order No. 62?
00:08This was said by Assistant Agriculture Secretary Arnel De Mesa in his interview with DZBB.
00:13According to the Philippine Statistics Authority, it is possible to lose 6 to 7 pesos per kilo of imported rice.
00:21According to De Mesa, 29 pesos per kilo of imported rice will be lost.
00:25According to the price monitoring of the DA, the price of well-milled rice is also 50 pesos.
00:30The government will buy 45 pesos per kilo of rice for all program.
00:55U.S. Money Reserve
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