[WATCH] Inside Track: Is food emergency the solution to rising rice prices?

1 month ago 13

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Is food emergency the solution to rising rice prices?

Even declaring the food emergency took a while

The government has just declared a food emergency to try to curb rising rice prices. Is it the solution?

Did lowering import tariffs not work? Can’t the government run after alleged hoarders? Why is there congestion in the ports that affects the supply chain?

Even House economists are flabbergasted at how rice prices continue to rise here, when global market prices are down. What is happening?

Can President Ferdinand Marcos Jr. ever fulfill his campaign promise of P20 per kilogram of rice? – Rappler.com

Presenter, writer: Lian Buan
Producer, video editor: Cara Angeline Oliver
Videographer: Naoki Mengua
Graphics: Marian Hukom
Associate producer: JC Gotinga
Supervising editor: Chay Hofileña
Supervising producer: Beth Frondoso