[Economics] Farmers: Economic managers must explain why rics remain high

[Rimuru]

Filipino farmers are demanding answers from the government regarding the persistently high price of rice. Groups like the Federation of Free Farmers (FFF) and Magsasaka party-list (MPL) are questioning the economic managers' failure to adequately address this issue, particularly the absence of key officials from congressional hearings. The farmers express skepticism about the government's claims that recent tariff cuts will significantly lower prices, citing a lack of tangible results. Concerns are also raised about the potential negative impact of flooding the market with cheaper government rice, undermining local farmers' livelihoods. This situation underscores a critical disconnect between government policy and the lived realities of Filipino farmers. The government's confidence in its price-reduction strategies contrasts sharply with the farmers' experiences of continued high costs. The absence of key economic officials from crucial hearings further fuels this perception of a lack of accountability and transparency. The farmers' concerns highlight the need for a more comprehensive and farmer-centric approach to rice price management. The ongoing debate over rice prices highlights the complex interplay between government policy, market forces, and the welfare of Filipino farmers. The farmers' demands for transparency and accountability are crucial for ensuring that government interventions effectively address the challenges they face. A failure to adequately address these concerns could have significant consequences for food security and the livelihoods of those who produce the nation's staple food.

https://newsinfo.inquirer.net/2030006/farmers-economic-managers-must-explain-why-rice-prices-remain-high