P15,000 'cannot cover' losses of affected rice retailers

THE P15,000 cash assistance that the government will be providing to small-scale rice retailers affected by the price cap on certain varieties of rice in the region is not enough, an official of a rice retailers’ group said.

Gok-ong said his supplier sells regular-milled rice for P46 per kilo, and well-milled rice for P52 per kilo. “If P3,500 ang alkansehon sa usa ka adlaw sa 10 nga paspas nga pagpamaligya, and moingon sila og 20 days, kanang P70,000,” he said on Tuesday, Sept. 12, 2023, adding that retailers who have adhered to the price cap at the Carbon Public Market in Barangay Ermita, Cebu City have suffered income losses since EO 39 was implemented last Sept. 5.“Ang kanang P15,000 magdepende gyud na sa halin sa retailer kung kusog o hinay.

On Monday, Sept. 11, Ines Cajegas, chief trade industry development specialist of the Consumer Protection Division of the Department of Trade and Industry Cebu Province, said the price cap will remain until President Ferdinand Marcos Jr. lifts the order.However, Cajegas attributed this to the fact that the country’s harvest season for rice doesn’t start until the end of September and onwards.

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