Speaker Martin Romualdez addresses high food prices in the Philippines, pledging congressional action and investigation into market abuses. He emphasizes food security as a top priority and highlights the role of the 'Murang Pagkain Super Committee' in combating smuggling and price manipulation.
Speaker Martin Romualdez delivered a strong message against profiteers, smugglers, and hoarders, pledging that Congress would take aggressive steps to stabilize food prices and ensure affordable basic goods for Filipinos. Romualdez declared food security as a top priority and promised that the House of Representatives would fulfill its duty to protect the people.
The experienced lawmaker emphasized the government's efforts to combat high food prices, citing recent tariff cuts on imported rice and the need to investigate why costs remain elevated despite sufficient supply. 'The government is doing everything. You know, we just cut the tariff for imported rice, from 35 to 15 percent. A lot of supplies are stored there but why is the price still high?' Romualdez said during a lunch with the House media on Monday. 'That is what we are trying to ferret out. Why is it until now the price of rice is yet to go down?' he added. Issuing a direct warning to profiteers and price manipulators, Romualdez vowed to take decisive action. 'To the profiteers, unscrupulous traders and wholesalers), we are going after you. The House will go after you. We will not allow this abuse to happen, especially this Christmas season,' he declared. Romualdez highlighted the House Quinta Comm, also known as the Murang Pagkain Super Committee, as a key force in the fight against smuggling, price manipulation, and rising hunger. This 'super committee' brings together five committees—Ways and Means, Trade and Industry, Agriculture and Food, Social Services, and Food Security—to address weaknesses in government programs and ensure accountability for market abuses. 'Our aim is to bring food prices to reasonable levels. This is about ensuring affordable rice and quality food for every Filipino,' Romualdez said
FOOD SECURITY INFLATION CONGRESS SMUGGLING PRICE CONTROL
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