Senator Grace Poe Calls For The Abolition Of The Law Of Supply And Demand

90864C87-C1AD-4BEF-ABC4-1B6DCC48A866MANILA, Philipppines (The Adobo Chronicles, Manila Bureau) – Senator Grace Poe on Tuesday said those responsible for rice price fixing should be unmasked and be held accountable.

The Senate is currently conducting an investigation on the reported shortage of rice stocks of the National Food Authority.

“To hold accountable also the people who have to be accountable perhaps for the price fixing, o kung ano-ano pang ginawa na pampahirap sa ating consumers at ating magsasaka,” Poe said in her opening statement.

When told by the resource persons that the current price situation of rice in the country is due to the law of supply and demand, Poe said: “Then I move to abolish the law of supply and demand.”




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