MANILA – With fresh supply, the government can help stabilize rice prices in Metro Manila to P40 to P42 per kilo during the harvest season in September, the spokesman for the state grains agency said Wednesday.
“Kung may bago tayo ma-infuse sa merkado mas maaga pong masasawata ang pagtaas ng presyo,” National Food Authority (NFA) spokesman Rex Estoperez said.
“Ang importante dapat ang government rice ay dapat sapat sa ating pamilihan. Paano gagawin ‘yun? Alam na ho ng ating economic managers how to decide on that,” he said.
President Rodrigo Duterte’s economic managers have been pushing for taxes on rice imports in place of quotas to help bring down prices of the staple grain.
The consumer price index accelerated for the seventh straight month in July, government data showed. (ABS-CBN News)
