Press Release
September 4, 2018

Sen. Bam: Nasaan ang liderato sa isyu ng BP, Bigas at Presyo?

Sen. Bam Aquino called on the government to immediately address the issue of high BP or "Bigas at Presyo", which currently affects millions of Filipinos, especially the poor.

"Mahalagang mabigyan na ito ng lunas dahil malaking isyu po ang BP o bigas at presyo. Kapag masyadong mataas ang BP, nanganganib ang kabuhayan natin. Pababain na ang BP," said Sen. Bam, one of four senators who voted against the ratification of the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

"Ang hinahanap natin, lalo na sa isyu ng bigas, ay leadership. Seryosohin sana ng pamahalaan ang pahirap na ito sa mga Pilipino," added Sen. Bam.

Sen. Bam said the leadership of National Food Authority (NFA), led by administrator Jason Aquino, has failed to ensure enough supply of affordable rice for the poor in the last two years.

"Sino ba ang lider na sosolusyunan ito? Nagmumukhang hindi talaga kaya ng NFA administrator natin na resolbahin ang kasalukuyang problema," added Sen. Bam.

"Hindi maayos ang pamamalakad sa importation at distribution. Magsisimula ang solusyon sa pagpalit ng liderato. Maghanap tayo ng mga taong kayang gawin ang trabaho nila," said Sen. Bam.

Also, Sen. Bam renewed his call for the passage of his Senate Bill No. 1798 or the Bawas Presyo Bill to help lower the prices of goods and services.

Sen. Bam's measure aims to suspend the excise tax on fuel under the TRAIN Law when the average inflation rate surpasses the annual inflation target over a three-month period.

Vice President Leni Robredo backed the passage of the measure while members of the minority in the House -- Miro Quimbo, Jorge "Bolet" Banal, Jose Christopher Belmonte, Gabriel Bordado Jr., Raul Daza, Jocelyn Limkaichong, and Josephine Ramirez-Sato -- have filed their own version of the bill.

Sen. Bam underscored the importance of the measure's passage, saying there is a second tranche of excise tax increase on petroleum products under the TRAIN Law in January 2019.

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