President Ferdinand Marcos Jr. has ordered the Department of Social Welfare and Development (DSWD) to also distribute cash assistance to
The DSWD would work with the Department of Trade and Industry to identify the beneficiaries, and would distribute the cash assistance from Sept. 25 to 29, it added.
Based on its latest report, the DSWD said that it has released P92.415 million in financial assistance to 6,161 out of the 8,390-target micro and small rice retailers affected by the implementation of the EO 39. “But it will depend on to what extent [the tariff will be reduced]. Right now it is 35 percent. It depends if it is reduced to 20 percent or 10 percent, and also on the quantity of imports,” Diokno said.
Farmers groups, who fear the entry of cheap imported rice will hurt them, have attacked the DOF proposal and called for Diokno’s resignation. Diokno earlier said reducing the import tariffs on rice was part of a comprehensive strategy to reduce prices for consumers and mitigate a potential shortage of the staple due to the impact of the ongoing El Niño phenomenon.
Indonesia Berita Terbaru, Indonesia Berita utama
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