spot_img
27.6 C
Philippines
Wednesday, November 27, 2024

Imported rice still costly for Filipinos—Imee

DESPITE easing the importation of agricultural products, Senator Imee Marcos on Tuesday said Filipinos might not feel the decline in the cost of rice due to an increase in the price of imported ones.

For this reason, Marcos noted it remains incumbent upon the government to probe the wide gap between farmgate and retail prices of agricultural products.

- Advertisement -

“We should further investigate and intervene against the huge disparity between farmgate and retail prices, thence punishing exorbitant charges and cartelization,” she said.

Marcos issued the statement in reaction to Administrative Order (AO) No. 20, which streamlines administrative procedures and policies, and removes non-tariff barriers on the importation of agricultural products.

Marcos likewise mentioned that the harvest season of rice is already over. “It is also impossible for the minimum access volume (MAV) to remedy the high cost of rice,” she noted.

While easing restrictions will not lower the price of rice, Marcos believes it will, however, reduce the prices of products such as onions, fish, pork, and sugar. But she pointed out this will also on impact local producers—particularly onion farmers who now sell way below their production cost.

Frequent and candid consultations between farmers, consumers and other stakeholders, will be essential to monitor and evaluate the effects of AO 20, as well as past MAV measures, Marcos said.

The senator also batted for support to the Filipino farmers with investment, technology, and minimal, well-regulated importation.

LATEST NEWS

Popular Articles