CONGRESS will work closely with the Department of Agriculture to develop new policies or laws to ensure the price stability of rice, the chairman of the House Committee on Appropriations vowed on Wednesday, as lawmakers said the DA should work towards delivering the President’s campaign promise to lower the price…
CONGRESS will work closely with the Department of Agriculture to develop new policies or laws to ensure the price stability of rice, the chairman of the House Committee on Appropriations vowed on Wednesday, as lawmakers said the DA should work towards delivering the President’s campaign promise to lower the price of rice to P20 per kilo.
“We know it’s coming, that the price will go up to P60, and we don’t want it to happen because this happened the last time during the administration the rating fell. We don’t want it to happen, and you assured us up to May. You said it was impossible for that to happen,” Co said.“How come that happened? I really don’t understand, and the President said we should file economic sabotage [against agricultural smugglers].
“There must be a mechanism and proactive measures; we can’t just let the price fly. Our President first promised that the price would be P20 per kilo of rice. We need to make some recommendations for that because it can’t be like that again next year,” he said. He also urged the DA to go back to the drawing board and “complete” its Masagana Rice Industry Development Program to include a reduced target price for rice by 2028.
If the DA’s target is to reduce the price of rice to anywhere between P27 and P32 by 2028, like what DA Undersecretary Mercedita Sombilla said during the budget hearing, they should put it in writing and include it in the Masagana rice program, he said.
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