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NewsTranscript
00:00 Marien, some groups are pushing to reduce the tariffs on imported rice, meat and other products.
00:07 Local industries are affected.
00:10 We have first news, Ma'am Gonzales.
00:12 Some agricultural associations called for a strike in the position of Secretary Arsenio Balisacan
00:22 because he approved the reduction of tariffs on rice, corn, pork and chicken.
00:30 Secretary Balisacan is not thinking right.
00:35 He should rest first because we are being attacked.
00:40 The farmers are the backbone of the economy.
00:42 The backbone of the economy is the osteoporosis because of the poverty and the debt of the farmers.
00:47 They are asking for a face-to-face meeting with President Bongbong Marcos.
00:51 They were not consulted by the NEDA and it did not pass the tariff commission.
00:56 So if the President signs this, they will be questioned and they will be given a temporary restraining order against this.
01:03 It is impossible to reduce the tariff of 29 pesos per kilo of rice because the tariff will be reduced from 35 percent to 15 percent.
01:11 We think that NEDA is giving the President false hopes.
01:16 That's why we feel that before the President thinks of issuing an executive order,
01:22 he should listen to us first even if the process is reversed so that we will not put our concerns to the risk.
01:30 According to the Sinag Group or Samahang Industria ng Agrikultura,
01:35 the government will still need a subsidy to reach 29 pesos per kilo of rice.
01:41 It means that a 21-peso subsidy is needed to reach 29 pesos per kilo of rice.
01:47 This is equivalent to 22 billion pesos per month that the government will spend.
01:52 The price of rice will also be reduced to be able to be imported.
01:55 It is estimated that 86 billion pesos will be lost to the local farmers.
02:01 The government's answer is that the NFA will buy the production of local farmers.
02:05 But the group insists that only 5 percent can be bought by the NFA.
02:10 So what if the farmers will be able to buy in October?
02:13 What about the remaining?
02:16 Does it mean that the price of rice will drop?
02:21 Because they don't have money to buy.
02:24 So that's one big problem.
02:28 They say that the government is buying with a fund,
02:36 but they will only have 15 days to buy.
02:40 The rice will just start to be sold.
02:42 They will not be able to buy.
02:44 Some hog farmers are also losing the will to breed again.
02:48 The ASF has hit us.
02:50 Instead of supporting us,
02:53 they have lowered the price to lower the importation.
02:59 So what we can share is that after four years,
03:04 the price of pork will drop, right?
03:07 The continuous smuggling problem is still a problem.
03:10 The affected farmers will not only be able to produce,
03:13 but the NFA will also lose 65 billion pesos every year
03:16 from the Bureau of Customs to the products that will be imported.
03:21 We are still trying to get the money from Balisacan.
03:24 This is the first news.
03:26 Mav Gonzalez for GMA Integrated News.
03:30 For the latest news, subscribe to GMA Integrated News on YouTube.
03:35 For those abroad, follow us on GMA Pinoy TV and www.gmanews.tv.
03:42 (music)