Marcos Jr. mulls releasing seized smuggled onions to drive down prices

Indonesia Berita Berita

Marcos Jr. mulls releasing seized smuggled onions to drive down prices
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ICYMI: President Ferdinand Marcos Jr. is looking at stabilizing the price of onions in the market — now ranging from P600 to P700 per kilogram in some areas — by releasing smuggled onions seized in various operations.

“We’re trying to find ways to bring the smuggled onions that have been caught na ilagay na sa market para mabawasan ang supply problem,” he added.

The Chief Executive has conceded that the plan faces legal obstacles. Thus, the seized onions will not be released immediately. “But there are some legal issues to doing that immediately. So we’re still working on that. But we will keep the prices down by monitoring what’s happening in our palengke ,” Marcos noted.

Marcos’ proposal was also raised by the Bureau of Customs , the primary agency tasked to monitor shipments coming into the country. According to BOC Commissioner Yogi Filemon Ruiz, from the start of 2022 up to December 22, the bureau has already confiscated P23.5 billion worth of contraband, including various agricultural products.

BOC can donate the seized onions to Kadiwa stores — a Marcos administration project that minimizes logistical costs between farmers and market sellers to cut prices of essential goods.Onions are usually among the most common smuggled items as of late. Last December 23, BOC announced that the majority of the P171 million smuggled agricultural products seized in a recent operation are red and white onions.

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