Sun Star Bacolod

Solon seeks review of Rice Tarifficat­ion law

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SENATOR Francis Pangilinan is seeking a congressio­nal inquiry to review the impact of the Rice Tarifficat­ion Act.

In a statement, Pangilinan filed Senate Resolution No. 36, which seeks to assess the impact of the law on farmers and the local rice industry.

Pangilinan said the resolution also aims to ensure that the law is being properly implemente­d, particular­ly the prudent management and utilizatio­n of the Rice Competitiv­eness Fund (RCEF).

The RCEF, which is funded by tariffs generated by rice imports, is set up to make the domestic rice industry more competitiv­e through farm mechanizat­ion, access to better seeds, and more financing and extension services, among others.

He noted that the government’s economic team pushed for the passage of the law due to high rice prices, with inflation reaching a nineyear high of 6.7 percent in September to October 2018.

The resolution cited Agricultur­e Secretary Manny Piñol, who said that the steep drop in farm-gate prices of palay (unhusked rice) four months after the implementa­tion of the law will result in an estimated loss of PHP114 billion for Filipino farmers for the entire year.

Further citing the Philippine Statistics Authority (PSA), the resolution also noted that the farm-gate price of palay end-june fell by 16.4 percent to PHP17.77 per kilo, compared to last year’s PHP21.39 per kilogram.

“Bukod sa mga datos na nabanggit, inaasahan nating makikinig ang mga kinauukula­n sa mga magsasaka para malaman ang tunay na aba nilang kalagayan. Dapat nakatuon ang Senate hearing sa mga maliliit na magsasakan­g apektado ng batas (Aside from the mentioned data, we hope concerned government officials will listen to the farmers so that they understand the dire straits farmers face. Special focus should be on the

small-holder palay producers taking the brunt of the impact of the law),” Pangilinan said.

Senator Cynthia Villar, chairperso­n of the Committee on Agricultur­e and Food, also filed a similar resolution to prioritize the exercise of her committee’s oversight function on the implementa­tion of the law.

“This is the protection measure we have in place for our local farmers in a tariffed regime we find ourselves in following the expiration of the agreement with the World Trade Organizati­on. We believe in this law and for the sake of our farmers, we want it to succeed,” Villar said.

The proposed Senate Resolution No. 39 directs a Senate inquiry into the implementa­tion of Republic Act 11203 or the rice tarifficat­ion law to closely monitor its implementa­tion by the designated government agencies, and to ensure that funds are allocated for the purpose actually intended./pna

 ?? CITY PIO ?? MAYOR Evelio “Bing” Leonardia welcomes Korean students during their courtesy visit at the Bacolod City Government Center on Friday, Aug. 2.*
CITY PIO MAYOR Evelio “Bing” Leonardia welcomes Korean students during their courtesy visit at the Bacolod City Government Center on Friday, Aug. 2.*

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