, May 24, 2024

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Today’s Exactly100: May Balat Yata

  •   1 min read
Today’s Exactly100: May Balat Yata

We are an archipelago of thousands of islands with salt water encircling and ambling through, but we now import salt.

The International Rice Research Institute is here, but we now not only import rice, we have become the world's biggest rice importer.

There were shocking shortages in rice, sugar, salt, onions, garlic during this administration.

Inflation shot up. There have been faster year-on-year increases in the prices of rice, corn, flour, and bread*. And let's not talk about fuel prices. 'Pagpag' is now a robust cottage industry.

Inflation is even worse for the bottom 30% income households.

May balat yata./Vincent R. Pozon

*Philippine Statistics Office, Summary Inflation Report Consumer Price Index for the Bottom 30% Income Households, Release Date : Friday, April 5, 2024

Photo from Seasia Stats

"There is no clear path from this place to anywhere else that resembles what the world would call success but through years of selling this disgraced dish Evelyn has managed to put her children through school, perhaps the first step in a long and difficult journey."

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