Photo credit: PCO

President Ferdinand Marcos Jr., has responded to concerns regarding the recent surge in rice prices, emphasizing that the issue extends beyond the borders of the Philippines and is prevalent throughout Asia.

Addressing a query from a concerned citizen through Bahay Ugnayan, the Office of the President's communication channel, President Marcos clarified that the rice price hike is not unique to the Philippines but is part of a larger global trend affecting rice-producing nations across the region.

"The increase in rice prices is not only seen here in the Philippines. It's a problem felt across Asia," remarked President Marcos, shedding light on the broader context of the issue.

While acknowledging the challenges posed by the rising cost of rice domestically, President Marcos highlighted that even major rice-exporting countries such as Vietnam and Thailand are experiencing similar price hikes, often attributed to external factors such as fluctuations in oil prices.

In response to these challenges, President Marcos assured the public that the government is actively addressing the situation by implementing measures to ensure an adequate supply of rice and stabilize prices in the local market.

"We are taking all necessary steps to boost rice production to reduce our dependence on imports and alleviate pressures on our farmers. Our goal is to stabilize rice prices," affirmed President Marcos, underscoring the administration's commitment to addressing the issue comprehensively.

The President's engagement with citizens extends beyond the topic of rice prices, as he fielded questions from various letters received by the Office of the President through Bahay Ugnayan. Ranging from political matters to concerns about the jeepney modernization program, President Marcos addressed a wide array of pressing issues in his vlog.