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Pres. Bongbong Marcos is confident about P20-per-kilo rice while the cost of rice increases

People in Quezon City who are involved in the rice business are experiencing the impact of the price increase

During the launch of “Kadiwa ng Pangulo” in Pili, Camarines Sur, on Thursday, President Ferdinand Marcos, Jr. announced that his government is close to reducing the cost of rice to P20 per kilo.

Marcos acknowledged how the Kadiwa stalls played a significant role in providing consumers with affordable vegetables and farm goods by directly selling to buyers, ultimately eliminating the need for middlemen.

At the Kadiwa Market in Camarines Sur, NFA rice is sold at P25 per kilo.

When questioned about the timeline for his administration to provide rice at P20 per kilo, Marcos responded by stating that they aspire to accomplish this objective “as soon as possible.” However, he added that achieving the target would depend on the prevailing weather conditions.

As of March 15, the Department of Agriculture reported that the most inexpensive local rice available in Metro Manila costs P33 per kilo, while the cheapest imported rice costs P37 per kilo.

Thanks to the government’s provision of transportation costs and other fees, several Kadiwa stalls sell rice for as low as P20 per kilo. Marcos highlighted that to aid households in coping with the surging cost of food and encourage small businesses, additional Kadiwa stores would be launched.

However, the cost of rice has surged in the markets of Metro Manila.

Within the past two weeks, starting from March 1st, the price of rice has increased by P1 to P4 per kilo, depending on the variety. Consequently, the Department of Agriculture (DA) is carefully monitoring the cost of rice.

People in Quezon City who are involved in the rice business are experiencing the impact of the price increase.

The Federation of Free Farmers attributed the high cost of rice to the increased cost of fertilizers a year ago.

This consequently leads to a rise in the price of rice, as stated by Agriculture Assistant Secretary Rex Estoperez.

The government continues to work towards assisting rice farmers by distributing subsidies to aid them with their expenses.

Netizens were conflicted since Marcos had been proven wrong again.

Written by paulie walnuts

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