THE House of Representatives is eyeing to provide aid or ayuda to the rice retailers who will be affected by Executive Order (EO) 39 while studying a win-win solution to the problem, Speaker Ferdinand Martin R. Romualdez said last Sunday.
Romualdez issued a statement as he vowed to continue to speak with leaders of rice retailers to discuss their fears that the rice-price ceiling ordered by the Palace would make them lose money.
“The government is not numb; so we want to listen to their concern, and we will try to find a solution to their fear that they will lose money,” Romualdez was quoted in the statement as saying. “We have to talk to them to come up with a win-win solution wherein they won’t be adversely affected by the price ceiling.”
Through EO 39, President Ferdinand R. Marcos Jr. placed a price cap of P41.00 per kilo for regular milled rice and P45.00 per kilo.
Retailers have complained about this since they acquire their rice products at nearly P50 per kilo from traders.
“They should not disobey the Palace’s order because apart from the penalty, the government can file criminal cases against those who do not comply with this price ceiling,” Romualez said. “Definitely, the government will help our retailers affected by this EO.”
Image credits: AP/Aaron Favila