CEBU CITY – The Cebu provincial government said it will allocate P100 million to purchase National Food Authority (NFA) rice to be sold in all local governments at P20 per kilo.
This was confirmed by Governor Gwendolyn Garcia who said the
provincial government would launch the so-called “Sugbo Merkadong Barato”
project in all localities where constituents could buy cheap commodities,
including rice.
She said the amount will be divided equitably among the province’s
51 local governments, which will be tasked to facilitate the selling to
indigent consumers. The consumers will be pre-identified based on the
Department of Social Welfare and Development’s list of indigent constituents of
each local government.
She said another P100 million would be earmarked for the purchase of
commercial rice to be sold at cheaper rates for the general public, on the
condition that they would also purchase other goods and products from the
market project.
The market project is patterned after the “Kadiwa ng Pangulo”
project of President Ferdinand Marcos Jr. where fresh farm produce and sea
harvests could be bought at cheaper prices. The provincial government is
expected to absorb at least a 10% loss in the sale of PHP20 per kilo of rice.
”We would be selling rice at a loss if only to give the Cebuanos
more spending capacity during this time of high inflation,” Garcia said, adding
this project has gained support from the mayors of the 51 component cities and
municipalities. (John Rey Saavedra)
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