00:00Rice is now cheaper under the Rice for All program, but only in Kadiwa centers.
00:06In order to make rice cheaper for others, the agriculture department's target is to lower the price of imported rice,
00:13which is hard to comply with, according to some retailers.
00:17Bernadette Reyes has the story.
00:22Starting today, rice prices are being lowered in Kadiwa centers under the Rice for All program.
00:29100% broken rice, which used to be P36, is now P33.
00:3525% broken rice, which used to be P38, is now P35.
00:405% broken rice, which used to be P45 per kilo, is now P43.
00:46This is a big thing for those who will buy with a limited budget.
00:50We are like mothers who are having a hard time budgeting every day.
00:55It's a big help.
00:56I hope the prices will still go down so that we can afford our budget.
01:02But there are other retailers who have not been able to lower the prices.
01:06They will be given a discount according to the DA.
01:09As of now, ma'am, we have not been able to lower the prices because our income is still high.
01:16If we want to, we will order the same price in the future so that it can meet their needs.
01:23DTI and DA are also coordinating with groceries and supermarkets so that it can be sold.
01:29Of course, if they can lower or sell at a lower price,
01:35this is best for the consumers because at least the consumers have choices of a lower price.
01:42While the price of rice is going down in Kadiwa centers,
01:46the Department of Agriculture also targets to lower the prices of imported rice.
01:51As of now, P55 per kilo.
01:54The target is to lower P52 per kilo the price of 5% imported rice from February 15.
02:01It's a difficult task for other retailers because they have almost no income from rice.
02:06We will not be able to afford it.
02:08Because we are paying the price of labor, we will have to pay a business permit.
02:14World prices are also going down.
02:16Theoretically, if the world price of rice goes down, even its inputs, including fertilizer, should follow.
02:24For GMA Integrated News, Bernadette Reyes, Nakatuto 24 Hours.
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