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NewsTranscript
00:00According to the Department of Agriculture, the maximum suggested retail price of imported rice will be lowered.
00:06Vel Custodio of PTV, in Palitang Pambansa, live.
00:10Naomi, the maximum suggested retail price of 5% broken rice in imported rice is lowered by P55 pesos from its previous P58 pesos price starting today.
00:25According to the Department of Agriculture, it is important for MSRP to be lowered to reduce food price inflation, particularly in basic commodities such as rice.
00:40The DA also said that the rice will be lowered by P52 pesos per kilo on February 15 and that it will be lowered by P49 pesos starting March 1.
00:51Aside from this, the National Food Authority also started the release of NFA rice following the declaration of the National Food Emergency on rice.
01:00The price of NFA is being barred by the agency from P35 pesos.
01:04Now, it can only be bought for P33 pesos per kilo.
01:07Only 53 letters were sent by the NFA to the LGUs where Metro Manila and Cavite LGUs reached the interest to get NFA rice stocks.
01:18150,000 metric tons were sent by the NFA in the next 6 months.
01:25LGUs can sell NFA rice for P35 pesos per kilo starting next week.
01:32NFA rice can also be bought in Cadiwak Kiosk until next week.
01:37Now, the Rice for All program is available in Camuning Public Market.
01:47It can only be bought for P29 pesos to P38 pesos depending on the class.
01:52According to the seller, the price of rice is going down since President Kiosk entered here because the price of rice in the public market is competing with the price of the Rice for All program
02:05which is also followed by the Department of Agriculture and President Ferdinand R. Marcos Jr. for food security.
02:12From People's Television Network, Vel Custodio, Balitang Pambansa.
02:17Thank you very much, Vel Custodio of PTV.