MANILA — President Ferdinand Marcos, Jr. on Saturday said the price control on rice might be reduced as palay harvests begin in the country.
"Sa palagay ko, pagpasok ng ani, dahil papasok na, nag-aani na tayo, baka 'yung merkado mismo ang magpababa ng presyo ay puwede naman nating bawasan 'yung mga control na nilagay natin," the President told reporters in a chance interview. "Kaya yan ang inuuna natin, hindi natin kayang gawin yung gusto nating gawin kung hindi tayo mag-aayos ng ating agrikultura," he said.
Marcos earlier this week defended his controversial order mandating a price cap on two rice types, saying this would help the public afford the staple commodity despite its soaring cost because of the El Niño.
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