EO No. 171, which was signed in May 2022 to bring down prices and stabilize the supply of agricultural products, is making life tougher, especially for local meat producers. Read this story by AdrianINQ to know more. INQFocus
But despite the EO’s intention, which was to facilitate the entry of more agricultural products at lower prices, it was met with strong opposition, especially from local meat producers, who are still reeling from the impact of the COVID-19 crisis.
“One can just imagine the despicable damage this could bring to millions of Filipinos reliant on the sector. We trust that this is not what the government wants,” the organizations, including the Philippine Chamber of Agriculture and Food Inc., said. Based on BAI data, June 2022 had the biggest volume of entry for imported meat last year at 139.23 million kgs., same as in 2021 when the largest import was logged in June that year at 135.14 million kgs.
But Marcos Jr., last Dec. 18, approved the extension of the validity of EO No. 171, with the Office of the Press Secretary and the National Economic Development Authority saying that this was to “address supply issues and temper inflation.”Looking back, it was Neda that endorsed the extension until Dec. 31, 2023 for pork, corn, and rice, and beyond 2023 for coal, stressing that this will help poor Filipinos struggling to make ends meet because of high inflation.
“Production subsidy and assistance are what farmers need the most. Filipino rice farmers lost an estimated P206 billion for the first three years of RLL which triggered depressed palay farm gate prices while rice prices remain unaffordable for the poor and marginalized consumers,” she said.The government should instead provide necessary and appropriate production support to local farmers to boost production and improve farmers’ welfare,” Estavillo stressed.
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