'Reducing the tariff now...will be a burden to our farmers who will be forced to sell their palay at a loss as they enter the second harvest season,' says Nueva Ecija 3rd District Representative Ria Vergara
MANILA, Philippines – Some lawmakers expressed reservations about the Marcos administration’s plan tofrom 35% to as low as 0% to further manage the market price of the national food staple.
“Reducing the tariff now may help reduce the price of rice in the short term. However, it will be a burden to our farmers, who will be forced to sell theirat a loss as they enter the second harvest season, the wet season, reduce our government’s revenue from the tariffs, and, worst of all, make our country more dependent on imports,” said Vergara, a lawmaker from the 3rd District of Nueva Ecija province, considered to be the rice granary of the Philippines.
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