MANILA, Philippines – Senator Francis Pangilinan expressed his sentiments for local farmers who are suffering from the influx of imported rice in the country as a result of the government’s implementation of the Rice Tariffication Law.
Pangilinan claimed that local farmers lose about P61.77B in a span of three months because rice prices continue to plummet due to the overflow of imported rice in markets.
Thus, Pangilinan is calling for the immediate release of cash assistance to farmers so they could cope with their losses.
“Ang problema ng magsasaka ay problema ng pamilya (The local farmers’ problem is also the problem of families),” Pangilinan noted.
“Solusyunan natin itong paglubog ng kita ng magsasaka bilang isang pamilyang Pilipino (Let us find a solution to the farmers’ losses as one Filipino family),” he added.
The cash assistance, Pangilinan said, would not just help the farmers but the consumers as well as it would somehow ease rice prices in the market.
Pangilinan then called for a review of the Rice Tariffication Law and have it suspended.
Senate Committee on Finance Sonny Angara, meanwhile, assured that the law provides P10B-fund from importation taxes where cash assistance for farmers may be sourced out.
“Iyong rice tariff may pondo doon. Iyong makokolekta beyond P10-B ay ibibigay na as cash assistance sa mga magsasaka (The Rice Tariffication Law has funds. Collections beyond the P10B will be given as cash assistance for farmers),“ he said. MNP (with details from Nel Maribojoc)
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