00:00Rice can now be bought for as low as 20 pesos per kilo, according to the Department of Agriculture Secretary Francisco Tullorell Jr.,
00:09who made the announcement during a press conference held earlier at the Cebu Provincial Capitol.
00:15The pilot implementation of this program will begin in the Visayas region following a meeting between President Ferdinand Armarcos Jr., DA, and 12 governors from the Visayas.
00:27It is interesting to note one of President Marcos Jr.'s key campaign promises during the last presidential election was to bring down the price of rice to 20 pesos per kilogram.
00:39The rollout of this program also aims to expedite the release of rice stocks from warehouses, particularly in Iloilo, where a significant volume remains in storage.