Presyo ng bigas sa Marikina City Public Market, bumaba | Unang Balita - video Dailymotion

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00:00The price of rice in Marikina City Public Market is going down.

00:05Those who will choose will be happy, especially if it will go down in the next declaration of the Food Security Emergency.

00:14We have live news, Bam Alegre.

00:17Bam.

00:21Igan, good morning.

00:22Food Security Emergency for rice, this is the declaration of the Department of Agriculture.

00:27The details of the declaration and the effect on retailers and consumers are what we will discuss.

00:34Good morning to the retailer, Loela Bonifacio.

00:37Somehow, her sales here in Marikina City Public Market went down because the price of rice is cheap.

00:43For example, there is a well-milled rice that can be sold for P35.

00:46There are also some that can be sold for P40 plus per kilo.

00:49It can be sold for P2 to P5.

00:52Of course, they are happy because our rice used to be expensive.

00:57Now, it is cheap.

00:59Maybe, for those who lack budget, it is better.

01:04As long as we can lower the price, we lower the price of rice.

01:09The government's target is for the price of rice to go down.

01:12That is why the Department of Agriculture declared yesterday the Food Security Emergency for rice.

01:17It is in accordance with Department Circular No. 3 and in accordance with the recommendation of the National Price Coordinating Council or NPCC.

01:23The price of rice is still a matter of concern even though the price of imported rice was lowered last July.

01:28The price of rice in the global market is also low.

01:31Because of the declaration, the National Food Authority or NFA will use the government's buffer stock of 300,000 metric tons of rice

01:38to stabilize the price for retailers.

01:42The Food Security Emergency for rice is effective immediately.

01:45It will be effective until the Agriculture Secretary removes it.

01:48If the price of rice is lowered, the budget of Divina Tiamzon's children will be freer for other expenses.

01:55It is a big thing.

01:57It is a place where you can buy other things.

02:02Igan, because the Food Security Emergency will last until the situation gets better,

02:13there will always be a review if this declaration is still needed.

02:17This is the first news from Malkina Bamalagre for GMA Integrated News.

02:32For more information visit www.gmail.com

Presyo ng bigas sa Marikina City Public Market, bumaba | Unang Balita

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