PBBM, sang-ayon sa pagdedeklara ng "food security emergency" para matiyak ang abot-kayang presyo ng bigas

PTVPhilippines

PBBM, sang-ayon sa pagdedeklara ng "food security emergency" para matiyak ang abot-kayang presyo ng bigas  For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm | 6:00 - 6:30pm | 9:30 - 10:00 pm PTV Sports - 8:00 - 9:00 am Bagong Pilipinas Ngayon - 12:30 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:30 pm - 7:00 pm PTV News Tonight -  10:00 pm - 10:30 pm  Saturday & Sunday: ►Sentro Balita Weekend - 1:30 - 2:00 pm ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Transcript

00:00President Ferdinand R. Marcos, Jr. recently declared a food security emergency

00:06so that the price of rice can reach a certain level in an ambush interview.

00:11The President said that this is the result of the government's efforts to lower the price of goods,

00:17particularly rice.

00:19The President also added that this is a way for the market to work properly

00:24when the consumers are not getting hurt.

00:26The reason that we are doing this is that we did everything to lower the price of rice,

00:34but the market is not being allowed to work properly.

00:39The demand and supply curve is not being followed because until now,

00:45even if you lower all the inputs, the sales are still high.

00:50And so we have to force that price down and we have to make sure that the market works properly.

00:56So that there is no friction cost because we are doing different things.

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