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DEPARTMENT of Agriculture Secretary Francisco Tiu Laurel said the government will expand the coverage of the P29 rice program to include areas outside of Luzon, particularly Cebu and Maguindanao, by next month.In an interview in Aurora on Friday, July 12, 2024, Laurel expressed confidence that by early next year, when global prices of rice are expected to fall, the price of rice being sold at Kadiwa centers will also go down.
The government has also recently implemented the Rice-for-All program, which aims to provide general consumers access to well-milled and fancy rice at lower prices than those prevailing in public markets.The country’s rice inflation hit a record-breaking 22.6 percent in January, its highest mark since March 2009.In June, the National Economic and Development Authority board headed by President Ferdinand “Bongbong” Marcos Jr.
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