MANILA, Philippines — Local government units (LGUs) have been urged to take steps to help the government keep rice prices low and ensure an ample supply of the grains. “Local government units are the frontliners in the war against high prices of basic goods, including rice. She explained that in Ilocos Norte, they have been able to keep prices of rice at an affordable P27 per kilo in poorest areas while in some parts of the country, rice prices have shot up to high as P55 to P57 per kilo. “I really get mad when prices of basic goods spiral out of control – and that is what is happening now. The price of ethanol, Marcos said, is lower than the price of gasoline prior to ethanol blending by at least P20 per liter.
Source: Philippine Star December 15, 2018 16:00 UTC