President Ferdinand Marcos Jr. has ordered the Department of Social Welfare and Development to give cash assistance to sari-sari shop owners and small rice retailers affected by the temporary price cap on rice, Malacañang said on Sunday.
In a Palace statement, DSWD said that it will give cash aid to those affected by the rice cap from 25 September to 29 September.
DSWD added that the Department of Trade and Industry (DTI) will help determine who will get the P15,000 cash assistance.
Through Executive Order No. 39, the President implemented the P41 price cap on regular-milled rice and the P45 price cap on well-milled rice.
According to its most recent report, the DSWD said it had given P92.415 million to help 6,161 of the 8,390 micro and small rice retailers affected by the EO 39.