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Malacañang said that the government was deploying long-term solutions, such as the conversion of rice import ceilings into tariffs and the program "Build, Build, Build" (BBB), to help the poor. L. Roque Jr. made the statement Sunday after the publication of the results of a survey of Social Weather Stations (SWS) that showed that more Filipino families considered themselves poor and poor in food.
"We have been putting in place long-term solutions to significantly reduce inflation and help poor Filipino families, such as the pressure for rice pricing, because rice accounts for about 20% of consumption. total of the poor, "Roque said in a statement
. The results of the SWS survey showed that 48% of families, or about 11.1 million families, considered themselves poor. That's 6 points higher than the 42%, or about 9.8 million families, in March and the highest since the 50% recorded in March 2017.
According to the SWS, the rise of six points of self-rated poverty the period from April to May was due to sharp increases in Mindanao, Metro Manila and Visayas.
Self-rated food poverty is also up five points to 34%, which means that 7.8 million families have assessed themselves. This is five points higher than the 29% recorded in March 2018. It is also the highest since the 34% posted in December 2016.
The measure of pricing of rice should be among the legislative priorities President Duterte insisted today on his third speech on the state of the nation.
Economic managers want to remove the quantitative restriction (QR) on rice to control inflation, which has accelerated in recent months due to the introduction of Reform f or Acceleration and Inclusion
The government expects that the increase in rice supply – with the scrapping of QRs – will reduce the price of staple food by 7 pesos per kilo [19659003]. projects under the BBB program will also help to reduce inflation by reducing the cost of transporting food and other goods.
Roque noted that delays related to the distribution of cheap imports have pushed families to He said that rice inflation has steadily recovered from 1% in January to 4, 7% in June this year. Average inflation also accelerated to 5.2% in June compared to 4.6% in May
June's inflation rate was above government and market expectations.
Roque also reported that the survey was conducted from June 27 to 30. "The government, through the Department of Social Welfare and Development, has distributed unconditional cash transfers to about 3.8 million of the 10 million beneficiaries at the time of the survey, with distribution going to Is quickly accelerated thereafter, while the Department of Transportation's Pantawid Pasada program for jeepney operators with valid franchises began in July, "he said.
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