PRESIDENT Ferdinand R. Marcos Jr. said the government will tap the P6.4-billion sustainable livelihood program (SLP) fund of the Department of Social Welfare and Development (DSWD) to provide aid to small-scale rice retailers affected by the price ceiling under his Executive Order (EO) No. 39. In his speech before flying…
President Ferdinand R. Marcos Jr. leaves for Jakarta, Indonesia, on Monday to participate in the 43rd Association of Southeast Asian Nations Summit and Related Summits from September 5 to 7, 2023. At the summit, he will push for Philippine priorities in Asean and work with other Asean Members.
DSWD Secretary Rexlon “Rex” T. Gatchalian confirmed they have sufficient SLP funds to finance the cash grants for the affected retailers. As for farmers, they will be linked to supermarket chains and other retailers, finding alternative markets, and promoting bulk buying or advance purchases as well as providing transport for rice stock purchased at the level of the price ceiling or above to Diskwento Caravan sites and selling directly to consumers.EO 39 imposed a price cap of P41 per kilogram for regular milled rice and P45 per kg for well-milled rice nationwide to address the surge in the price of the food staple.
Meanwhile, the rice trader members of the Philippine Rice Industry Stakeholders Movement have committed to sell rice at P38 per kilogram.
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