Cebu-based group: Junk Rice Tariffication Law

A CEBU-BASED progressive group urged the National Government to junk the Rice Tariffication Law and not amend it as it has made the country reliant on importation instead of boosting local production.Bagong Alyansang Makabayan 7 chairman Jaime Paglinawan, in a statement on Friday, May 10, 2024, said the passing of Republic Act 11203 in 2019 has devastated the local rice production through “excessive” rice importation.As President Ferdinand Marcos Jr.

It was detrimental to local farmers, as traders hoard the rice palay to manipulate and artificially lower the market supply amidst the high demand that will result in inflationary prices of milled rice, he said.Meanwhile, Paglinawan said rice production in the country has reached 20.06 million metric tons.“This amount can be further improved to ensure a steady supply requirement of 16 million metric tons of rice in a year,” he said.

Source: Law Daily Report (lawdailyreport.net)

Rice Tariffication Law

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