After seeing a sharp drop in his approval and trust ratings, President Marcos said the prices and availability of rice, not survey numbers, are the indicators of his governance, adding that the prices of the food staple are stabilizing because of measures implemented by the government.
“The media asked me recently about survey numbers. The truth is I do not look at the survey numbers that much. I am looking at whether the prices of rice are really going down and whether the supply of rice is really reaching all our countrymen,” Marcos said in a video posted on YouTube last Saturday.
“We are doing everything to ensure that the prices of rice in the market would continue to destabilize and decrease,” he stressed. “There is no better gauge for our governance than to see our people experiencing comfort and convenience. That is my indicator: that there is no hunger or insecurity in terms of food.”
In a media interview last Oct. 4, Marcos said the drop in his poll numbers was not surprising because people are having a hard time because of the higher prices of rice and other agricultural products. The month-long imposition of price caps has helped stabilize the prices of rice in the market, Marcos claimed as he maintained that the country has sufficient supply of the food commodity. “I have said several times in my speeches that we do not have a supply problem,” he said.
The President has also approved the release of about P12.7 billion for the Rice Farmers Financial Assistance program, which aims to assist farmers tilling below two hectares of land – a move that is expected to benefit about 2.3 million small rice farmer beneficiaries who are registered in the registry system for basic sectors in agriculture as of June 30 this year. Each beneficiary will receive P5,000 in financial assistance.
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