P400-B needed to achieve P20 per kilo rice: solon
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P20/kg rice to require budget of at least P400 billion
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(File photo) MANILA - A party-list lawmaker on Tuesday said it is possible to achieve President-elect Ferdinand "Bongbong' Marcos Jr.'s campaign promise to slash prices of rice to as low as PHP20 per kilo if appropriate and timely measures are immediately put in place. Magsasaka Partylist Representative Argel Cabatbat said the government should infuse a budget of at least PHP400 billion into the agriculture sector to ensure basic support services and infrastructure, and cut the high cost of production and marketing, and labor-intensive farm practices. Cabatbat said policymakers should have faith in Filipino farmers by giving them all the support they need to revitalize the rice planting activities. Cabatbat cited Thailand and Vietnam as examples, wherein full government support and a comprehensive mechanization program allowed the nations to enjoy higher yields and cheaper production costs in recent years. "We should not doubt the capability of local farmers to produc