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Despite the removed price restriction, cash aid is still provided to rice sellers

Despite the removed price restriction, cash aid is still provided to rice sellers. (Photo from INQUIRER.net)
Despite the removed price restriction, cash aid is still provided to rice sellers. (Photo from INQUIRER.net)

According to Cash aid for rice retailers continues despite lifted price cap | Inquirer News, Despite President Ferdinand Marcos Jr. removing the requirement, the Department of Trade and Industry (DTI) Secretary Alfredo Pascual stated in a news conference on October 4 that the distribution of the one-time monetary assistance to merchants impacted by the mandated rice price cap will continue.

In order to be fair to those who have not yet received help, he claimed that the money designated for rice sellers will be used up.

5,738 merchants are still waiting for the monetary aid, according to Fhillip Sawali, director of the DTI's Fair Trade and Enforcement Bureau.

The social welfare department is in charge of the financial aid payment, which began on September 9.

According to Cash aid for rice retailers continues despite lifted price cap | Inquirer News, regularly milled rice was priced at P41 per kilo under the revoked Executive Order No. 39, whereas well-milled rice was priced at P45 per kilo.

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