‘Rice-for-All’ program forcing retail prices down

The retail prices of rice across Metro Manila have decreased as a direct result of the Kadiwa ng Pangulo Rice-for-All program, according to the Presidential Communications Office (POC).

In a statement, the PCO said that the Department of Agriculture (DA) and other stakeholders have confirmed that “the program made a dent in the staple’s price.”

The agency was not specific as to the average decrease in rice retail prices but indicated that retailers have adjusted to match Kadiwa’s prices.

It was explained that rice sold by the Kadiwa and DA-designated retailers is cheaper by P3 to P5 per kilo than those sold by private-sector retailers, thus creating…

Source link

Leave a Comment