00:00Now that the 55 pesos per kilo of imported rice is effective,
00:04the Department of Trade and Industry, or DTI,
00:08will make sure that the prices of rice are kept in line with the prices of the market.
00:11In a statement by Radio Pilipinas, Assistant Secretary Agaton Overo said
00:16that the Department of Agriculture and the local governments have helped to keep the prices in line.
00:21He also hopes that the DA will be able to follow the maximum suggested retail price of imported rice.
00:28DTI is positive that the prices of rice will be lowered in the markets
00:32after the release of NFA RISE and the new MSRP of the DA.
00:39We are working with LGUs and the DA.
00:42We are nationwide, in the provinces, in the markets,
00:47we are monitoring the prices of rice to improve the MSRP of the DA.
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