(After the unrestricted rice importation started, many farmers have lamented that they are suffering.)
He said since the country produces about 20 billion kilograms of palay a year, farmers have lost as much as P60 billion since last year.
“Rice farmers all over the country have made the same conclusion: At this point, unrestricted rice imports without the immediate support for the rice farmers is killing them and the industry,” he said.
And since imported rice have flooded the market, there is now little incentive for Filipino farmers to continue with their work.
Citing PSA data, Pangilinan said retail rice prices inched down by P1.83, lower than the envisioned price cut of P7 to P10.
“I have to press on the urgency of the situation. The main harvest will start in September. If nothing is done, we are told, the fear is palay prices will plummet to 7 pesos per kilo,” he said.
He said an anti-dumping duty can also be imposed if the export price of a commodity is less than its normal value in the exporting country and is causing or threatening to cause injury to a domestic industry.
He said the provision in the rice tariffication law allowing the sourcing of cash assistance from the excess of the P10 billion tariff collection should be revisited.
The DA and the Agricultural Credit Policy Council should also expedite the grant of interest-free loans up to P25,000 to farmers under the Survival and Recovery Loan (SURE) Assistance.Read more: ABS-CBN News
wag na magsisihan. d nmn yan ang solusyon. isip nlng ng paraan paano mkakatulong. F Puro itaas ang sahod... Kung may kailangang itaas ang estado ng pamumuhay sa pamamagitan kita, ang mga magsasak at mamalakaya dapat.
Pangilinan: Release P20-billion cash aid to farmers affected by rice tariffication law'With the influx of rice imports, mas lumala ang kalagayan nila. Hindi na lalo mabayaran ang utang, lalong nababaon sa utang. Lalong nagugutom,' says Senator Francis Pangilinan DOTARDTE’S CORRUPT GOVERNMENT CONTINUES TO MAKE THE POOR POORER AND THE RICH RICHER. THE MIDDLE INCOME GROUP ARE NOW SLOWLY VANISHING FROM THE ECONOMY. Bakit ang administrasyon ni Duterte ay wala man lang ginagawa para sa kabutihan ng ating magsasaka? Bakit wala silang pakialam sa ating mga mangingisda sa sinagasaan ng mga Chinese. Bakit nila pinapatay ang mga adik? Bakit giba pa rin ang Marawi. Ang daming BAKIT...
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PLDT's Pangilinan says 5G rollout 'difficult, expensive'Totoo naman talaga to, it’s very very expensive, hindi pa applicable sa Philippine settings natin. I guess it will take 4 to 5 years for us to enjoy this. Yung coverage muna sana saka consistent internet speed. Nevermind, whats the point of 5G if you will limit the bandwidth to 3-10Mb..lol
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Duterte signs law declaring Sept. 8 a special working holidayOOOOOOOH?!!! So no class?!!!! Sept. 8 2019? Its Sunday. High time. 😇