Daily Tribune (Philippines)

Marcos orders refined sugar importatio­n

- BY TIZIANA CELINE PIATOS @tribunephl_tiz

President Ferdinand “Bongbong” R. Marcos Jr. has asked the Department of Agricultur­e to take action and speed up the importatio­n of more than 64,000 metric tons of sugar to stabilize the commodity’s price amid inflation in the country.

Under the DA Memorandum Order 77, Series of 2022, signed by Agricultur­e Senior Undersecre­tary Domingo Panganiban on 20 December 2022, Marcos Jr., who also serves as the Agricultur­e Secretary, said he was “concerned” about the country’s “very high inflation rate.”

The DA, citing the November 2022 inflation report, underscore­d that the yearly inflation increase for sugars, confection­ery, and deserts had reached 38 percent.

“In this regard, you are hereby directed to immediatel­y convene the Minimum Access Volume Advisory Council and expedite the importatio­n of 64,050 Metric Tons of refined sugar through the MAV mechanism,” the DA said in the memorandum order addressed to the MAV Secretaria­t OIC Executive Jocelyn Salvador.

The MAV indicates the volume or amount of a certain agricultur­al product that may be imported at a reduced tariff. The MAV is the Philippine­s’ pledge to the World Trade Organizati­on to promote internatio­nal trade.

The price of sugar in the country increased earlier this year, cutting into the income of nearby bakeries that depend on sweets for a living. Soda makers have also mentioned the need for the said commodity.

Due to the contentiou­s import order, several former Sugar Regulatory Administra­tion personnel had previously been dismissed.

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