THE P20 per kilo rice “aspiration” is not yet possible today but the Department of Agriculture will follow the directive of President Ferdinand R. Marcos Jr. to “modernize, irrigate and mechanize” to make the price of the commodity affordable, newly designated Agriculture Secretary Francisco Tiu Laurel, Jr. said.
A farmer walks through the lush green rice fields of Maragondon, Cavite, where expanses of land remain dedicated to rice farming. Recent reports reveal that the House of Representatives has redirected the most substantial budget increase, amounting to P64.5 billion, to the Department of Agriculture in its approved version of the proposed P5.768-trillion budget for 2024.
Tiu Laurel said the DA hopes to do these steps towards the end of next year. “Of course, building and modernizing is not easy. May procurement process so it might take a little time, but we’re going to do it as fast as possible,” he added. While it is possible to lower the price of rice amid the geopolitical conflicts, the DA chief said, “We have to have our silos, we have to have buffer stock. We have to change some laws.”
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