MANILA, Philippines — President Ferdinand Marcos Jr., the concurrent chief of the Department of Agriculture (DA), is attributing the high price of rice in the market to expensive farmgate costs and importation.
In a statement released by the Palace on Friday, Marcos said the price of rice would only become steady if the country had increased supplies and reserves of the Filipinos’ favorite staple food.
Earlier, the President said the government is closely monitoring rice supplies as the price per kilo surged to about P56.
“Ang binabantayan siyempre natin ‘yung farmgate price, dahil ‘yun ang nagpapataas sa presyo ngayon, at pati ‘yung pag import ng mga ibang inputs, at saka…
Keep on reading: Bongbong Marcos: High farmgate costs, importation hiking rice price
