President Ferdinand &lsquo;Bongbong&rsquo; Marcos Jr. on Thursday said the government is near to fulfilling his campaign promise of bringing down the price of rice to as low as ₱20 per kilogram.
He made the remark during the launch of Kadiwa ng Pangulo in Pili, Camarines Norte.&nbsp;
"Makikita ninyo, halimbawa &lsquo;yung bigas, &lsquo;yung aking pangarap na sinabi na noong bago akong upo na sana mapababa natin ang presyo ng bigas ng ₱20. Hindi pa tayo umaabot doon, dahan-dahan palapit," Marcos said.&nbsp;
According to the President, the Kadiwa stores nationwide currently sell rice for ₱25 per kilo.&nbsp;
"Kaunti na lang, maibababa natin &lsquo;yan," he claimed.
Meanwhile, in an interview with the media after the launch, Marcos was asked about his timetable for the implementation of the ₱20 per kilo rice.
"Ang timetable ko ay yesterday and if not, sooner. Lahat 'yan, ASAP [as soon as possible]," he said.
"I don't know, we'll see kasi minamalas din tayo sa weather eh kaya hindi mo matiyak kung ano magiging production o magiging supply," Marcos added.
The <a href="https://www.da.gov.ph/wp-content/uploads/2023/03/Price-Monitoring-March-16-2023.pdf" target="_blank" rel="noopener">latest price monitoring</a> of the Department of Agriculture (DA) as of March 16 showed that special local rice ranges from ₱48 to ₱60 per kilo while premium local rice ranges from ₱42 to ₱49.
Well-milled rice is currently priced at ₱38 to ₱46 and regular milled is ₱34 to ₱40.

you might like

Prez Marcos on P20/kilo rice: 'Kaunti na lang, mabababa natin 'yan'