A two-month buffer stock of sugar will be maintained in order to avoid a shortage of the commodity in the country, President Ferdinand “Bongbong” Marcos Jr. said.
The Bureau of Customs yields at least 60,000 sacks of suspected hoarded sugar in their inspection of four warehouses in Guiguinto, Bulacan on August 20, 2022.
The President also stressed the need to improve local production of agricultural goods and stop smuggling of agricultural goods, revealing that the government has “very good ideas” in doing so.“The most important facet of this whole problem is production. We have to go back to the sugar industry. We have to go back to the onion growers and help them para magkaroon tayo ng production, hindi na tayo kailangan mag-import ,” Marcos said.“Diyan tayo naipit eh. Nasanay tayo masyado sa import.
He also stressed that aside from low production, smuggling is also among the top culprits of dwindling supply of agricultural goods.
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