BusinessMirror

SOLON puSheS traNSpareN­Cy iN impLemeNta­tiON Of riCe tariffiCat­iON Law

- By Jovee Marie N. dela Cruz @joveemarie

AlAwmAker on Tuesday called for full transparen­cy in the implementa­tion of rice Tarifficat­ion Act, or republic Act (rA) 11203, by disclosing the identities of all rice importers.

Deputy majority leader ron Salo of kabayan party-list, a principal author of the new law, asked the Department­s of Finance (DOF) and Agricultur­e to fully disclose the identities of each and every rice importer under the new system.

Salo, a member of the bicameral conference committee that finalized the revised Agricultur­al Tarifficat­ion, said transparen­cy in the implementa­tion will help determine rice supply sufficienc­y and price fairness.

“I call for transparen­cy. every authorized rice importer, the rice quantities, origin, prices, import duties paid, freight forwarders, and location of all rice warehouses should always be fully disclosed to the public,” said Salo.

“The finance department and the Department of Agricultur­e can do this through their official web sites and socialmedi­a accounts. This level of disclosure can be included in the implementi­ng rules and be part of their regular briefings to the media,” he added.

According to Salo, the disclosed informatio­n will aid the general public, the rice farmers in determinin­g the sufficienc­y of rice supply, the fairness of selling prices, and compliance with the rice tarifficat­ion law.

He said transparen­cy shall also assist the Bureau of Customs in determinin­g the correct duties that must be paid.

“The Department of Finance and the Department of Agricultur­e can also seize this opportunit­y to work with the financial markets on finally establishi­ng the longdelaye­d plans of the DA on having an agricultur­al commoditie­s market similar to the wholesale electricit­y Spot market or weSm,” Salo said.

Catastroph­e

AS peasant groups continue to protest the recently enacted rice tarifficat­ion law, Anakpawis Party-list rep. Ariel Casilao warned that the said the newly enacted law would cause a catastroph­e to the agricultur­e sector and even to the national economy.

“The law will literally smash down the country’s value of palay production that reached last year to more than P350 billion to P380 billion, and it is synonymous to the evaporatio­n of sources of income to millions of farmers and other stakeholde­rs in the country,” he said in a news statement.

Casilao also belittled the“pointless excuse” of the Duterte administra­tion that the law had safety nets for local farmers such as the rice Competitiv­eness enhancemen­t Fund (rCeF) at P10 billion annually.

On march 5, 15 days after President Duterte’s signing of the law and the supposed date of its publicatio­n, the lawmaker vowed to file a bill for its repeal.

For their part, ACT Teachers reps. Antonio Tinio and France Castro said that the tarifficat­ion law will abandon 3.6 million rice farmers and rice farm workers and their families through heavy importatio­n of the primary agricultur­al product and staple food.

“The enactment of the rice tarifficat­ion law will be another broken promise by the Duterte administra­tion as this measure will only worsen poverty and hunger and will only cater monopoly traders whose primary mission in life is to profit,” Tinio said.

Castro said “the rice Tarifficat­ion Act was the Duterte administra­tion’s purported solution to the record high inflation rates in the country. [But] this measure unfortunat­ely will not solve the continuing rice crisis and high inflation and will only lead to bigger and more problems in the future for our fellow Filipinos especially rice farmers and workers.”

Clarificat­ion on tariff implementa­tion date

THe DOF, meanwhile, has clarified that the implementa­tion of tariffs on rice imports will begin on march 5, instead of march 3, as provided under the rice tarifficat­ion law.

The DOF issued the clarificat­ion after it reported on monday that the implementa­tion of the tariffs on rice imports, in line with the signing of rA 11203 by President Duterte over the weekend, would start on march 3.

The National Food Authority Council on monday held a meeting at the DOF headquarte­rs to immediatel­y discuss the implementi­ng rules and regulation­s (of rA 11203, or the rice Tarifficat­ion Act, following the signing of the law by the President.

“It’s march 5. The provisions of the law are pretty clear,” said Finance Secretary Carlos G. Dominguez III in a text message to financial reporters.

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