(File Photo) MONITORING Rice prices in Cartimar, Pasay City, on the eve of the price ceiling which takes effect today. 鈥擬ARIANNE BERMUDEZ
The implementation of the government-imposed price cap on regular and well-milled rice is going well as the campaign against hoarders continues, President Marcos said on Tuesday.
鈥淭he enforcement is going as well as we can expect,鈥� the President told reporters on the sidelines of his visit to the Department of Agrarian Reform central office in Quezon City.
Mr. Marcos met earlier in the day with concerned government agencies in Malaca帽ang to discuss the enforcement of Executive Order No. 39, which froze the prices of regular and well-milled rice at P41 and P45 per kilo, respectively, following the 鈥渁larming鈥� increase in the retail prices of the staple.
He said retailers who initially hesitated selling their rice stocks at lower prices were slowly resuming vending after being assured of the P15,000 livelihood assistance from the government to cover their losses and support their business operations.
He said the government would continue its campaign against hoarders but he declined to divulge details so as not to give them time to 鈥渁djust.鈥�
In a briefing, meanwhile, Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian said that as of Sept. 11, the agency had distributed cash aid totaling P7.5 million to 474 small and micro rice retailers in the cities of San Juan, Caloocan, Navotas, Para帽aque, and Quezon City and in the province of Zamboanga del Sur.
He said he expected the number of beneficiaries to increase in the coming days as the DSWD aims to finish the distribution by Sept. 14, or before the ban on public spending starts due to next month鈥檚 barangay and youth council elections.
鈥淥ur goal is to finish at least all highly urbanized cities and regions, but we did file for exemption, and we are hopeful that we will get it there is a spillover,鈥� he said.
On Tuesday, the Commission on Elections (Comelec) said it had exempted the subsidy program for rice retailers from the public spending ban.
Comelec Chair George Garcia approved on Monday the recommendation of the agency鈥檚 law department to grant the request of the DSWD for exemption from the ban against the use of public funds ahead of the elections.
Gatchalian said the President wanted the financial aid to reach the 鈥渕icro-retailers鈥� as soon as possible.
To identify more eligible beneficiaries, the Department of Trade and Industry has sought the help of the Grains Retailers Confederation of the Philippines, the National Food Authority, Social Security System, and market associations, Gatchalian said.
鈥擶ith a report from Dona Z. Pazzibugan
搁贰础顿:听Bongbong Marcos orders price caps for rice at P41 to P45 per kilo