Tag: Government Intervention
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Philippine Agriculture Secretary Optimistic About Lower Rice Prices Under Marcos Administration
In a recent statement, Agriculture Secretary Francisco Tiu Laurel Jr. expressed optimism about achieving rice prices in the mid-PHP30s per kilogram during the administration of President Ferdinand R. Marcos Jr. This statement came during a joint market inspection at the Commonwealth Market in Quezon City, where Laurel was joined by Department of Trade and Industry…
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Agriculture Secretary Optimistic About Lower Rice Prices Under Marcos Administration
Agriculture Secretary Francisco Tiu Laurel Jr. expressed optimism on Wednesday about the possibility of achieving rice prices in the mid-PHP30s per kilogram during President Ferdinand R. Marcos Jr.’s administration. This statement came during a joint market inspection at the Commonwealth Market in Quezon City, alongside Department of Trade and Industry Secretary Cristina Roque and Quezon…
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Government Interventions Successfully Stabilize Rice Prices, Inflation Expected to Decline Further
In a significant development for the Philippines, the Department of Agriculture (DA) has reported a successful stabilization of rice prices, attributing the achievement to various government interventions led by President Ferdinand R. Marcos Jr. The DA’s optimism stems from a recent -2.3 percent deflation in rice prices in January, a sharp decline from the 0.08…
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