00:00According to Malacanang, the maximum suggested retail price this January was reduced from 19 pesos to 19 pesos.
00:10For more good news, let's check in with Gleisel Pardilla of BTV.
00:18Rosaline is a professional cook.
00:21This is where she takes care of the expenses for her two students.
00:26Reducing the price of rice is a big help to her.
00:40This is the result of the effort of the administration of President Ferdinand R. Marcos Jr.
00:45and the Department of Agriculture to reduce the price of rice.
00:51According to Malacanang, from 58 pesos, the maximum suggested retail price of rice was reduced to 45 pesos effective Monday.
01:04MSRP was implemented after President Ferdinand R. Marcos Jr. approved the reduction of rice tariffs from 15% to 35% in July 2024.
01:17Because of the reduced price of rice, the inflation rate this February also decreased.
01:22Rice retailers also felt the impact of their business.
01:27Christopher used to be able to buy 80 catties of rice.
01:32Now, it's 100 catties.
01:34Before, it used to be around 150 catties.
01:39Now, it's just around 150 catties.
01:42It's a huge increase.
01:44The government is not far from providing assistance.
01:4825 beneficiaries of the Pantawid Pamilyang Pilipino Program were given decent living conditions in Santa Ana, Cagayan.
01:57The Department of Social Welfare and Development was given P375,000 in assistance.
02:07This is part of the Enhanced Support Services Intervention under 4Ps.
02:13This assistance package is far enough to help expand and strengthen the livelihoods of beneficiaries.
02:21Fish smoking machine, sealing machine, plastic bottles, and other materials were also distributed.
02:31In the production of fish and fish products, the LGU of Santa Ana also received P198,000 for the construction of a facility that will serve the production of fish products.
