Bongbong says close to P20-per-kilo rice
Published on: Friday, March 17, 2023
By: ABS CBN News
Text Size:

Bongbong says close to P20-per-kilo rice
Rice at P20 per kilo, which was one of Bongbong’s campaign promises, will soon become a reality, the President announced. (Inquirer)
MANILA: President Ferdinand “Bongbong” Marcos, Jr. on Thursday said his administration was nearing its goal of lowering the prices of rice to P20 per kilo. 

At the launch of the “Kadiwa ng Pangulo” in Pili, Camarines Sur, Marcos said Kadiwa stalls helped provide consumers cheaper vegetables and other farm goods by bringing them directly to buyers instead of relying on middlemen. 

The Kadiwa market in Camarines Sur offers National Food Authority (NFA) rice at P25 per kilo. 

“Before I was elected, I said my dream was to lower the price of rice to P20. We have not yet reached that. We are slowly getting there. We’re now at P25. Just a little more, we’ll get there,” the President said during his speech. 

When asked on how soon his administration could offer rice at P20 per kilo, Marcos said they aimed to achieve this “as soon as possible” though the situation would depend on the weather.

“Lahat’ yan (all of it are) ASAP. I don’t know, we’ll see,” Marcos said in a chance interview.

“Sometimes we are not so lucky with the weather so we are not really sure of the production and how this could affect the supply. Let us see. The price is continuously going down. We’ll keep working,” he said. 

Based on the Department of Agriculture’s monitoring as of March 15, the lowest price of local rice is at P33 per kilo in Metro Manila, while the cheapest imported rice is at P37 a kilo. 

Some Kadiwa stalls sell rice at as low as P20 per kilo because the government shoulders transportation cost, among other fees. 

Marcos said more Kadiwa stores would be opened to help Filipinos cope with the rising cost of food and help small businesses. 

 “We will open more markets so that our agricultural products could be sold at a lower price. This will also give small business to sell their products at the Kadiwa,” he said. 

“Almost 63, 65 percent of our employees work for MSMEs. This is why we are giving attention to MSMEs. This is their chance,” he added. 

Marcos also led back-to-back groundbreaking ceremonies for housing projects in Naga City, the stronghold of his closest 2022 presidential race rival, former Vice President Leni Robredo. 

The social housing in Naga’s Panganiban Drive will have 11,800 units in 5 towers, while 7 mid-rise buildings with 1,200 housing units will be built in Barangay Balatas, he said. 

In launching the projects under the Pambansang Pabahay Para sa Pilipino Housing (4PH), Marcos said having a home should be a right instead of a privilege. 

“This is the problem of our 

compatriots. It is difficult for us to ask their help in improving their lives, the economy when they don’t even have homes where they can rest and be with their loved ones.”

The housing project in Naga will include commercial buildings around the residential towers, which Marcos said could “provide relief” to locals. 

The Department of Human Settlements and Urban Development (DHSUD) aims to create 6 million housing units by the end of Marcos’ presidency or 1 million units annually. 

Marcos will also distribute some P826.1 million worth of aid to farmers in Naga City. 

This includes nearly P585 million worth of fertiliser discount vouchers and almost P68 million worth of cash aid to farmers. 

A total of 121,658 farmers will receive fertiliser vouchers, while 13,529 rice growers will get P5,000 each, according to the Department of Agriculture. 

Marcos will also turn over P164.2 million worth of farm equipment, including rice combine harvesters, transplanters, dryers, and rice mills to 35 farmers cooperatives and associations. 

During his visit, Marcos was declared Camarines Sur’s “adopted son” in a resolution passed by its provincial board.

* Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.

* Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.



Asean Top Stories

Follow Us  

Follow us on            

Daily Express TV