Press Release
May 18, 2021

'Walk the talk': Keep pork, rice prices affordable--Poe

Sen. Grace Poe urged the government's economic team to "walk the talk" to ensure that prices of pork and rice are kept affordable for ordinary citizens after it recommended the tariff cuts that will also result in foregone revenues.

"Our people expect the government's economic team to live up to their avowed tenet of fiscal responsibility by seeing to it that actual benefits trickle down to Filipino families and not just to importers," Poe said.

"Will the tariff slash actually result in lower prices in public markets and groceries? Can the people actually feel it?" she added.

Poe raised concern that the lost revenue could impact on next year's budget, which Congress will start deliberating soon.

"NEDA (National Economic and Development Authority) had said time and again that nothing is free from heaven and that government cannot just give subsidies because it will have to be taken from somewhere. With budget discussions starting soon, which services will government now have to scrimp on because of the foregone revenues on pork and rice?" Poe asked.

EO 135 temporarily reduced the most favored nation tariff rates for rice to 35 percent, from 40 percent for in-quota imports and 50 percent for out-quota imports.

EO 134 modified the tariff rates on imported pork products. The new tariffs on pork imports under the minimum access volume (MAV) would be 10 percent for the first three months, and 15 percent in the next nine months. The tariff for pork imports outside MAV would be reduced to 20 percent for the first three months and 25 percent in the succeeding months.

At the hearings on rice tariffs that the Department of Finance said was meant to lower the cost of rice imported from India and Pakistan, the Tariff Commission had said that rice from the said countries were already cheaper than rice imported from the ASEAN.

Hog raisers and farmers have announced a boycott of the Department of Agriculture's (DA) summit scheduled for this week after the DA repeatedly ignored their pleas not to lower tariffs as it would discourage local production and bring down government revenues.

The economic team has been saying that the lowering of tariffs or the opening up of the market to imports will "lower prices" for consumers.

"Our people need all the help they deserve. Hirap na hirap na sila sa gitna ng pandemya," Poe added.


[FILIPINO VERSION]

Panatilihing abot-kaya ang presyo ng baboy, bigas--Poe

Hinimok ni Sen. Grace Poe ang economic team ng gobyerno na tiyaking mananatiling abot-kaya ang presyo ng karne ng baboy at bigas kasunod ng kanilang rekomendasyon na babaan ang taripa nito na magreresulta din sa pagkawala ng kita ng pamahalaan.

"Our people expect the government's economic team to live up to their avowed tenet of fiscal responsibility by seeing to it that actual benefits trickle down to Filipino families and not just to importers," pahayag ni Poe.

"Will the tariff slash actually result in lower prices in public markets and groceries? Can the people actually feel it?" dagdag ng senadora.

Ayon kay Poe, ang mawawalang kita ay maaring makaapekto sa pondo sa susunod na taon na sisimulan nang talakayin ng Kongreso pagsapit ng Agosto.

"NEDA (National Economic and Development Authority) had said time and again that nothing is free from heaven and that government cannot just give subsidies because it will have to be taken from somewhere," sabi ni Poe.

"With budget discussions starting soon, which services will government now have to scrimp on because of the foregone revenues on pork and rice?" tanong pa niya.

Sa ilalim ng Executive Order (EO) 135, pansamatalang ibinaba ang taripa sa bigas sa 35 porsiyento mula sa kasalukuyang 40 porsiyento para sa in-quota import at 50 porsiyento naman sa out-quota import.

Sa EO 134, binago din ang taripa sa imported pork product. Ang bagong taripa sa pork import sa ilalim ng minimum access volume (MAV) ay magiging 10 porsiyento para sa unang tatlong buwan at 15 porsiyento sa susunod na siyam na buwan.

Ang taripa sa pork import sa labas ng MAV ay babawasan ng 20 porsiyento para sa unang tatlong buwan at 25 porsiyento naman sa susunod na mga buwan.

Bagama't sinabi ng Department of Finance na ang naturang hakbang ay para mapababa ang presyo ng bigas na inangkat mula sa India at Pakistan, sinabi ng Tariff Commission na ang bigas sa naturang mga bansa ay talaga namang mura kumpara sa bigas na inangkat mula sa ASEAN.

Nauna nang inihayag ng mga magbababoy at magsasaka na iboboykot nila ang Department of Agriculture summit na nakatakda ngayong linggong ito matapos balewalain ng ahensiya ang kanilang apela na huwag babaan ang taripa dahil makakasira ito sa lokal na produksiyon bukod sa mawawalan pa ng kita ang pamahalaan.

Sinasabi ng economic team ng pamahalaan na ang pagpapababa ng taripa o ang pagbubukas sa pamilihan ng mga inangkat ay magbababa sa presyo ng mga bilihin.

"Our people need all the help they deserve. Hirap na hirap na sila sa gitna ng pandemya," dagdag pa ni Poe.

News Latest News Feed