Rice prices to go down with tariffs in place: solon

Published by rudy Date posted on August 2, 2018

by ABS-CBN News, Aug 2, 2018

MANILA — Taxing rice imports will help bring down the price of the staple grain by P7 to P8 per kilo, a lawmaker who is pushing for the tariff said Thursday.

A bill seeking tariffs on rice in place of import quotas will be put to a vote on second reading next week, said House Agriculture and Food Committee chairman Jose Panganiban, who represents the ANAC-IP party list.

Revenue from tariffs will be used to fund subsidies for farmers, Panganiban told ANC’s Headstart.

Without tariffs, imported rice costs P27 per kilo, lower than the P34 to P35 per kilo production cost of local rice, he said.

President Rodrigo Duterte’s economic managers are also pushing for rice tariffs to help tame inflation.

April –
MONTH OF PLANET EARTH!

“Climate change, El Nino,
and the Middle East conflict
are wreaking havoc on Planet Earth.”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

Monthly Observances:
April Month of Planet Earth

 

Weekly Observances:

April 24-30World Immunization Week

Daily Observances:

Apr 5 — International Day of Conscience
Apr 7 —
World Health Day

Apr 15 — International Day of Wellness

Apr 21 — Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health
at Work

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.