DA confident rice price to ease to P45 per kilo by January

Rice Prices News

DA confident rice price to ease to P45 per kilo by January
Philippines RiceRiceDepartment Of Agriculture
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AGRICULTURE Secretary Francisco Tiu-Laurel expressed confidence that the price of rice will go down to P45 per kilo by January 2025.In a press conference following a sectoral meeting in Malacañang on managing food and non-food inflation on Monday, September 23, 2024, Laurel cited various government interventions to arrest the increasing price of rice.

Kung P52 ngayon ang bigas, dapat by January nasa P48 na lang iyan, Kung P50 ang bigas ngayon, P45 dapat iyan by January, iyan ang aking estimates,” he said.Earlier, Department of Agriculture Assistant Secretary Arnel de Mesa also said they are working closely with the Philippine Ports Authority for the release of 888 containers carrying about 23 million kilos, or 23,000 metric tons, of rice, which have been overstaying at the ports.This is only about 0.

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