Quinta Committee, pagsusumikapang maibaba ang presyo ng bigas sa P20 kada kilo
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NewsTranscript
00:00The 5th Committee will still strive to lower the price of rice by P20 per kilo and this will only happen if the middlemen and cartel are completely wiped out.
00:12This is Kathleen Forbes of Radyo Pilipinas in Balitang Pambansa.
00:18The Super Committee of the Camera will strive to lower the price of rice by P20 per kilo.
00:25The overall committee, Chair Joey Salceda, said that the target of the committee to lower the price of rice by P20 per kilo is equal to 22% of the total expenses of the middlemen.
00:37As of now, the committee is able to lower the price of rice by P20 per kilo to P30 per kilo.
00:56I don't want to ponder to the President, but theoretically, there is a way of going to at least, at best, P29 per kilo.
01:07To achieve this, the middlemen and cartel must be wiped out.
01:12Despite the tariff reduction on imported rice that was implemented last July, the consumer retail price still rose by up to 9%.
01:21Despite this, there is still a problem in the rice trade sector.
01:24It is expected that before Christmas, they will be able to submit a recommendation to President Ferdinand R. Marcos Jr.
01:31to help the President to stop the abuse as Christmas to the Filipinos.
01:37This is probably the most serious attempt by Congress to address the twin evils of smuggling and cartels as the fundamental basis for high food prices.