Marcos Leads Rice Aid Efforts, Aims to Cut Prices to P20/kg Despite Skepticism
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President Marcos Jr. led distribution of rice to 4Ps beneficiaries and assistance to farmers in Cavite.
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Marcos and DA expect improved palay harvest for 2023, potentially leading to significant drop in rice prices.
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Government mandated price ceiling of P41/kg for regular milled rice and P45/kg for well-milled rice.
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DSWD providing aid to small traders affected by price caps.
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Marcos remains optimistic about reducing rice prices to P20/kg this year, despite earlier skepticism from DA.