NPCC mulls extending P50 rice cap

PIA
The National Price Coordinating Council (NPCC) is considering extending the nationwide price ceiling of P50 per kilogram for 5 percent broken imported rice.
“The Department of Agriculture said the NPCC already recommended the extension of the price cap. However, President Ferdinand Marcos Jr. is still studying whether it will be extended or not,” said Palace press officer Undersecretary Claire Castro in a Palace briefing on Wednesday.
“The President also considers that the harvesting season of rice will take place in September,” she added.
