Pamahalaan, bibilhin ang asukal sa mga lokal na magsasaka
Pamahalaan, bibilhin ang asukal sa mga lokal na magsasaka
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00:00 In the face of a drop in the farm gate price of sugar, the government will buy the local sugar of the farmers.
00:07 According to the Sugar Regulatory Administration, the allocation of the 5 billion pesos budget is expected to be used by the Philippine International Trading Corporation in the purchase of sugar.
00:17 This will buy 1.8 million bags of sugar that will be sold to consumers or will be added as a buffer stock.
00:25 At present, the allocation of raw sugar is worth Php 2,400 to Php 2,500.
00:32 This is targeted to be bought for Php 2,700 to Php 2,800.
00:37 The SRA has confirmed that the supply of sugar is sufficient for now.
00:41 So there is no reason to increase the price of sugar or increase the price.
00:46 Informally, verbally, this is already approved.
00:50 Our trust is to go into retail.
00:55 However, since it takes time to do retail, the sales will be slower, we will always keep it as a buffer as well.
01:07 It will be hidden until after milling season, we can release it into the market.
01:14 This will ensure stability of supply.
01:16 Sorry.