‘Napilitan tayo’: Marcos says smuggling forced him to impose price cap on rice | ABS-CBN

Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
‘Napilitan tayo’: Marcos says smuggling forced him to impose price cap on rice
‘Napilitan tayo’: Marcos says smuggling forced him to impose price cap on rice
Jekki Pascual,
ABS-CBN News
Published Sep 22, 2023 01:37 PM PHT
|
Updated Sep 22, 2023 02:19 PM PHT

MANILA — President Ferdinand Marcos Jr. on Friday admitted he did not want to impose the price cap on rice but was forced to do so because of smuggling.
MANILA — President Ferdinand Marcos Jr. on Friday admitted he did not want to impose the price cap on rice but was forced to do so because of smuggling.
At a rice distribution event in General Trias, Cavite, the president said he was alarmed by the issue of hoarding and smuggling which pushed rice prices up.
At a rice distribution event in General Trias, Cavite, the president said he was alarmed by the issue of hoarding and smuggling which pushed rice prices up.
He had blamed the rising cost of rice on illegal importers, smugglers and hoarders. He then issued Executive Order 39 mandating a price ceiling of P41 for regular milled rice and P45 for well-milled rice.
He had blamed the rising cost of rice on illegal importers, smugglers and hoarders. He then issued Executive Order 39 mandating a price ceiling of P41 for regular milled rice and P45 for well-milled rice.
“Napilitan tayo mag-price cap dahil naalarma talaga ako. Kung ako lang, ayokong pakiaalaman ang merkado ngunit di naman tama ang takbo ng merkado dahil kinakalikot ng mga hoarders, smugglers,” said Marcos.
“Napilitan tayo mag-price cap dahil naalarma talaga ako. Kung ako lang, ayokong pakiaalaman ang merkado ngunit di naman tama ang takbo ng merkado dahil kinakalikot ng mga hoarders, smugglers,” said Marcos.
ADVERTISEMENT
The president, who is also the Agriculture Secretary, distributed over a thousand 25-kilo sacks of smuggled rice to poor families in General Trias on Friday.
The president, who is also the Agriculture Secretary, distributed over a thousand 25-kilo sacks of smuggled rice to poor families in General Trias on Friday.
This is part of the 41,000 sacks of rice confiscated by the Bureau of Customs, which in turn were donated to the Department of Social Welfare and Development. The DSWD also gave fertilizers to cooperatives in the area.
This is part of the 41,000 sacks of rice confiscated by the Bureau of Customs, which in turn were donated to the Department of Social Welfare and Development. The DSWD also gave fertilizers to cooperatives in the area.
Marcos promised to improve the agriculture sector and the lives of farmers.
He said the government needs to improve production, harvest, and help in the process of agricultural goods.
Marcos promised to improve the agriculture sector and the lives of farmers.
He said the government needs to improve production, harvest, and help in the process of agricultural goods.
“Di titigilan ang pagpapaganda ng agri sector, pagpapaganda ng ating ani, cost of production, production levels, lahat po yan kailangang gawin," he said.
“Di titigilan ang pagpapaganda ng agri sector, pagpapaganda ng ating ani, cost of production, production levels, lahat po yan kailangang gawin," he said.
Marcos previously led the distribution of smuggled rice to poor families in other areas in recent weeks.
Marcos previously led the distribution of smuggled rice to poor families in other areas in recent weeks.
ADVERTISEMENT
ADVERTISEMENT