Sa mga hindi na kinakaya ang presyo ng bigas, asahang magmumura daw ‘yan sa susunod na taon, ayon sa Department of Agriculture.
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24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.
To our Global Pinoys in the U.S., catch your favorite Pinoy shows from GMA Pinoy TV, GMA Life TV, and GMA News TV, now available on YouTube TV!
Subscribe now for only $14.99 per month. Visit tv.youtube.com for more details.
#GMAIntegratedNews #GMANetwork #KapusoStream
Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
Facebook: http://www.facebook.com/gmanews
TikTok: https://www.tiktok.com/@gmanews
Twitter: http://www.twitter.com/gmanews
Instagram: http://www.instagram.com/gmanews
GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
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NewsTranscript
00:00And for those who can't afford the price of rice,
00:04it is expected to become cheaper next year according to the Department of Agriculture.
00:10Before Christmas, the target is to get 100,000 doses of vaccine against African Swine Fever.
00:18Ivan Mairina has the story.
00:23If the price of rice is 52,000 now, it should be 48,000 by January.
00:29If the price of rice is 50,000 now, it should be 45,000 by January.
00:32The good news is that the price of rice will be cheaper next year according to the Department of Agriculture.
00:39It is because of the positive effect of Executive Order 62
00:42which lowers the price of imported rice from 15% to 35%.
00:47President Bongbong Marcos has a positive price of rice
00:51in the first sectoral meeting with the DA and DOF.
00:54He also stated that the inflation rate will be reduced by 2.5% this September.
00:59The price of rice will increase as Christmas approaches.
01:02It is still within the 2-4% target of the government.
01:05For the full year, we're looking at the total inflation rate to be about 3.4%, more or less.
01:11And the beauty about reducing inflation is that your GDP growth goes up
01:16and more jobs can be created, your borrowing cost goes down.
01:20Possibly, we can reduce interest rates further.
01:23The government's interest rate is lower now, but most of all,
01:27the interest rate will be lowered, for example, in the credit card of Juan de la Cruz.
01:33Along with the usual doubling of demand for pork during Christmas,
01:37the Department of Agriculture is also pursuing a vaccine for African swine fever.
01:4310,000 pigs have been vaccinated.
01:46I'm including the 600,000 doses of vaccine purchased at the end of the year.
01:51It's very important to roll out the ASF vaccine, especially to backyard farmers, livestock growers.
02:00If the pigs are confident in this vaccine, then they will start investing again in farms and our commercials.
02:15It will repopulate.
02:18Despite the upcoming Christmas, the Department of Finance promised that they have no reason
02:23to delay the return of boxes sent by OFWs.
02:27As for remittances from Filipinos abroad, it's expected that they won't be far from the current 55-to-1 exchange rate of Pesos versus Dollars.
02:37For Giamainte Greeting News, Ivan Meyrina, Katutok, 24 Hours.
02:47Katutok, 24 Hours.