P20 per kilo rice? Possible, but ‘bad idea’ if subsidized without conditions —NEDA chief - GMA News Online

5/12/2022 12:00:00 AM2 years 11 months ago
by TED CORDERO, GMA News

At a press conference, Chua, the chief of state-planning agency National Economic and Development Authority (NEDA), said, “If our support to our rice farmers are very targeted and efficient, then I think that is a possibility.”

The campaign promise of leading presidential candidate Ferdinand Marcos Jr. to bring down the retail prices of rice to P20 to P30 per kilo is possible, Socioeconomic Planning Secretary Karl Kendrick … [+2576 chars]

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P20 per kilo rice? Possible, but ‘bad idea’ if subsidized without conditions —NEDA chief - GMA News Online

At a press conference, Chua, the chief of state-planning agency National Economic and Development Authority (NEDA), said, &ldquo;If our support to our rice farmers are very targeted and efficient, then I think that is a possibility.&rdquo;

At a press conference, Chua, the chief of state-planning agency National Economic and Development Authority (NEDA), said, “If our support to our rice farmers are very targeted and efficient, then I think that is a possibility.”