Bongbong Marcos Administration Eyes Program To Address Rice Problem
BONGBONG MARCOS – The President is planning to adopt the rice program during the term of his late father, former President Ferdinand Marcos Sr.
The Philippines is currently facing a lot of problems. The costs of fuel are high following several oil price hikes that began in January 2022. There is a global oil problem and the ongoing war between Ukraine and Russia is considered a big factor in the problem.
The series of oil price hikes brought diesel and gasoline prices to even reach P90 per liter in some fuel stations in the previous weeks. Meanwhile, there are recent rollbacks that helped pull the costs of fuel down.
Another thing that many Filipinos look forward to is the decrease in the prices of rice in the country. Many Pinoys are hopeful about the aspiration of Pres. Bongbong Marcos for the price of rice to hit P20 per kilo. However, its possibility was contested by several authorities.
Amid the high costs of rice in the Philippines now, the administration of Pres. Bongbong Marcos is eyeing to adopt the rice program during the term of his late father, former Pres. Ferdinand Marcos Sr.
Based on a report on ABS-CBN News, the Department of Agriculture (DA) is eyeing “Masagana 150” to boost rice production in the Philippines. During the term of Marcos Sr., Masagana 99 was launched to address the problem in the rice supply but was eventually stopped after farmers were left with huge loans.
Based on the report, Agriculture Undersecretary Kristine Evangelista said that if the program will push through, the harvest is expected next year. She cited that the planting may take place in October and the target is to increase rice production by 150 cavans per hectare to pull the prices of rice in the country down.
“Increasing the yield will mean that we’d like to have more local in the market but in the meantime we also have to look into the food security making sure that we have enough supply for everyone,” Evangelista said.
You may also visit – Alan Peter Cayetano on P20 per Kilo of Rice Promised by BBM: “Anong klaseng pangako ‘yon?”