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Despite price spike, DA won't impose rice SRP
The Philippine Star
|January 26, 2024
Imposing a suggested retail price (SRP) or price ceiling for rice is not an option for the Department of Agriculture (DA) amid reports that the retail cost of the staple has reached as high as P75 per kilo in the Bicol region.
The priority of the DA is rice supply, Agriculture Assistant Secretary and spokesperson Arnel de Mesa said in a radio interview yesterday.
"At present, we are not talking about that (SRP). Secretary (Francisco Tiu Laurel Jr.) already announced that.
We are focusing right now on our supply,” De Mesa said.
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