Grain re­tail­ers con­cerned over pro­posed rice tar­iffs

Watchmen Daily Journal - - FRONT PAGE - By Do­minique Gabriel G. Bañaga

The Ne­gros Oc­ci­den­tal chap­ter of the Grain Re­tail­ers’ Con­fed­er­a­tion of the Philip­pines (Gre­con) re­cently ex­pressed con­cern over the pos­si­ble ef­fects im­posed by the pro­posed tar­iffs on rice, which is cur­rently be­ing pushed by the na­tional gov­ern­ment.

Gre­con- Ne­gros Oc­ci­den­tal Pres­i­dent Shirley Na­cion called rice tar­iffs “dis­ad­van­ta­geous” for farm­ers be­cause it would boost com­mer­cial rice and the pri­vate sec­tor would be the only ones buy­ing.

She said it would also lead to the dis­ap­pear­ance

of Na­tional Food Au­thor­ity rice out­lets as there would not longer be dis­tri­bu­tion and only buf­fer stocks would be made avail­able dur­ing times of calamity.

The lo­cal Gre­con of­fi­cial added, if price con­trols on rice are strictly fol­lowed, it would only be fa­vor­able to con­sumers.

Ear­lier, the Na­tional Eco­nomic and De­vel­op­ment Au­thor­ity urged the im­me­di­ate en­act­ment of the “rice tar­if­fi­ca­tion bill,” stat­ing it is fun­da­men­tal in the sta­bi­liza­tion of food prices.

The bill, amend­ing the two-decade old Agri­cul­tural Tar­if­fi­ca­tion Act of 1996, re­places the quan­ti­ta­tive re­stric­tion on rice im­ports with a 35 per­cent tar­iff.

Fol­low­ing rat­i­fi­ca­tion be­fore both cham­bers of Congress, the bill is ex­pected to be sent to Mala­cañan Palace for Pres­i­dent Ro­drigo Duterte’s sig­na­ture./

Photo) (Serge San­til­lan/RMN DYHB-Ba­colod

Ne­gros Oc­ci­den­tal Vice Gov­er­nor Eu­ge­nio Jose Lac­son in­spected dam­age fol­low­ing an in­ci­dent in­volv­ing the Mam­bukal Con­ven­tion Cen­ter and Ho­tel ear­lier this week. Ac­cord­ing to a wit­ness, a tree branch struck the build­ing’s para­pet, or the ex­ten­sion of a wall along the edge of a roof, caus­ing the roof of the kitchen area to col­lapse.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.