Update sa subsidy para sa mga apektado ng rice price cap | Balitaan - video Dailymotion

CNN Philippines

Kaugnay pa rin ng price cap sa bigas, makakausap natin si Trade Assistant Secretary Agaton Uvero.  Visit our website for more #NewsYouCanTrust: https://www.cnnphilippines.com/  Follow our social media pages:  • Facebook: https://www.facebook.com/CNNPhilippines • Instagram: https://www.instagram.com/cnnphilippines/ • Twitter: https://twitter.com/cnnphilippines

Transcript

00:00 The price cap on rice is still the same. We will talk to Trade Assistant Secretary Agaton Overo. Good afternoon, Asec Overo.

00:08 Good afternoon.

00:10 Asec, so the aid that many are asking for, we just asked for an update, has the list of those who will receive subsidies been finalized?

00:25 There are target areas that are about to finish verification.

00:31 Maybe this weekend we can start the other areas that will release the DSWD.

00:40 We are just waiting for the verification process.

00:43 We will help the LGUs to gather the list along with the association of retailers.

00:54 Are the farmers included in the aid?

00:58 They are not included in the program now.

01:03 But the NFA program is different for the farmers. They have their own program for the farmers.

01:10 So this program, this list that you are rushing to finalize,

01:16 how many in your estimate, how many will receive financial aid and when will this start to be distributed?

01:25 What I said earlier, maybe we will start this weekend as soon as there are finished target areas.

01:35 At least, it will start in NCR before going to regions and provinces.

01:44 Asec, how will suppliers and warehouse owners be helped?

01:49 It's still a big issue. We know that traders are also affected.

01:57 Although, our study shows that the marketing margins of traders are high.

02:03 That's why the conclusion of the studies is that there is profiteering and hoarding here.

02:12 That's why there is a price cap.

02:14 And I will just say that the price cap is not for a long time.

02:19 The price will go down.

02:23 The price cap will go down when the market prices stabilize.

02:29 Second, not all rice is included in the price cap.

02:33 The 41 is the regular meal that has yellowish or brownish.

02:41 We also have the well-billed at 45.

02:43 Asec, retailers are saying that the 15,000 subsidy is not enough for one day.

02:52 What is your reaction to this?

02:54 Our reports are different.

03:01 There are those who can sell and those who sell subsidized rice.

03:09 There is a loss.

03:12 But what we're doing now, we're looking at the retailers association and traders association

03:21 to source at 45 because there are a lot of varieties.

03:26 Like what's shown in our video, those are special rice or premium rice.

03:35 It's normal for retailers that the premium and specialty rice varieties are high.

03:45 Asec, how is the monitoring of DTI in the rice price cap?

03:51 Will you start to catch those who are not following?

03:56 We haven't imposed fines yet.

04:00 We're here in the information campaign on the second day of yesterday.

04:07 We're in the province because the NCR started and it's okay.

04:11 We're going to the province because a lot of people don't know yet.

04:15 We have LGUs and DAs here to monitor and educate our retailers and consumers.

04:25 They are also included in the list of retailers.

04:32 Finally Asec, if consumers complain, how can you contact them?

04:37 There are GoNegosyo hotlines and Malacanang and DA hotlines.

04:43 We have information that they are releasing on the DTI website and Facebook.

04:51 Thank you very much, Trade Assistant Secretary Agaton Uvero.

Update sa subsidy para sa mga apektado ng rice price cap | Balitaan

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