Marcos touts state-assisted stores ‘solution’ to food crisis - BusinessWorld Online

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Marcos touts state-assisted stores ‘solution’ to food crisis - BusinessWorld Online
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The Marcos administration considers its effort of setting up more farm-to-consumer stores in the country as a means towards food security and addressing rising costs. READ:

PHILSTAR/KRIZ JOHN ROSALES

Earlier this month, the Department of Agriculture announced a plan to install Kadiwa retail stores in select Metro Manila dry and wet markets within the first quarter.Inflation hit a fresh 14-year high of 8.7% in January, accelerating from 8.1% in December as food prices soared amid supply issues.was among the agricultural products whose price became unaffordable for many Filipinos.

National Economic and Development Authority Secretary Arsenio M. Balisacan said earlier this month that Philippine inflation may start to plateau starting March as food supply is expected to improve due to the start of harvest season and absence of typhoons so far this year.Also on Monday, Mr. Marcos called for a multisectoral approach to accomplish his administrationHe made the call as he led the inauguration of a 25-hectare housing project for residents of a coastal community in Cebu City.

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