Marcos: Rice at P20 per kilo possible but not right away

Vendors sell a variety of rice products at the Baguio City Market on May 25, 2022.

STAR / Andy Zapata Jr.

MANILA, Philippines — Lowering the price of rice to P20 per kilo is possible but it won't be easy and may take time, President Ferdinand "Bongbong" Marcos Jr. said.

In an interview with celebrity vlogger Toni Gonzaga aired over ALLTV on Tuesday, Marcos said some measures have to be undertaken to bring down the price of rice to that level, one of his promises during the 2022 presidential race.

"There's a way to do it but it will take a while. We have to return NFA (National Food Authority) to its old function, not so much importation but really the buying," Marcos, also the agriculture secretary, said.

Full Story: https://www.philstar.com/headlines/2022/09/14/2209687/marcos-rice-p20-pero-kilo-possible-not-right-away