Philippine government faces rightnow big problems on its economy status. Problems are everywhere because of unstable economy. There problems are on different levels due to inflation rates which acts on the persistent increase in the price level of goods and services. The most popular issue now a days is about the rice price increase where in all of the people experiences rice shortages nationwide. But when you see it in actual rice producing provinces, you will notice that there are a lot of "Palays" and how come that there is a rice stock problem? I talked to my wife's' uncle who is one of the rice producers in south area. He said that there is an ample stock of rice but the problem is the government dictated the rice prices to increase that is why most of the big time buyers of rice will no longer buy cavans of rice from farmers due to an increase of rice price. They blame the government for that but I know that there are a lot of factors to consider. Right now, if you go to the mall and eat your lunch or dinner , you will notice if you order one cup of rice because you will be serve 1/2 cup of rice at the price of a regular 1 cup rice before. Before the issue of the rice price increase, food stall owners serve the exact amount of 1 cup of rice but right now you will need an additional cup of rice to make it one whole cup. See the picture above because it will show the big difference.
Thursday, May 15, 2008
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