Mataas na presyo ng bigas kahit binabaan ang taripa sa rice importers, inusisa sa Kamara | Saksi - video Dailymotion

GMA Integrated News

Saksi is GMA Network's late-night newscast hosted by Arnold Clavio and Pia Arcangel. It airs Mondays to Fridays at 10:20 PM (PHL Time) on GMA-7. For more videos from Saksi, visit http://www.gmanews.tv/saksi.   #GMAIntegratedNews #KapusoStream   Breaking news and stories from the Philippines and abroad: GMA Integrated News Portal: http://www.gmanews.tv Facebook: http://www.facebook.com/gmanews TikTok: https://www.tiktok.com/@gmanews Twitter: http://www.twitter.com/gmanews Instagram: http://www.instagram.com/gmanews   GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe

Transcript

00:00In the midst of the high price of rice, the Executive Order to lower the price of imported rice was left in the dark of the camera.

00:11The Department of Agriculture is studying the importation of vegetables.

00:15Witness, Mackie Polido.

00:20The price of imported rice in the market is now 55 pesos per kilo.

00:24But some congressmen said that if it's going to be increased, it can be lowered.

00:28Last July, under the Executive Order of President Bongbong Marcos,

00:32rice importers lowered the price of imported rice from 15% to 35%.

00:36So in the hearing of the KINTA Committee,

00:39or five committees in the camera that came together to investigate the price of food,

00:43I was asked, why did you only lower the price of rice by a few cents?

00:47Why, Mr. Chair? According to the PSA, it was lowered by 0.44 cents only.

00:55It's like we're being toyed with by hands that can't see.

01:01NEDA expects a price reduction of P7 to P10 per kilo of rice.

01:06That's why it should be P41 to P44 per kilo of rice.

01:10According to the Bureau of Customs,

01:12depending on where the rice is imported, its landed price is only P38 to P40.

01:17It also shows that there is no shortage and the volume of imported rice is increasing day by day.

01:22That's why there is no reason for the price to rise.

01:25According to the Department of Agriculture,

01:27the sale of imported rice to the market is not reduced even if it can help in lowering the price.

01:33Don't you see that as hoarding? Holding back P80,000? Just an example.

01:39With regards to hoarding, I cannot comment.

01:42But we are explaining to them about their utilization.

01:47In the first hearing of the KINTA Committee,

01:49it has not yet been decided as to why the price of rice is still high.

01:54But one of the arguments is to repeal the executive order to lower the price of imported rice.

02:01It should be reviewed and reversed because it seems useless to lower the tariff.

02:07Who benefits from tariff reduction?

02:10Is it the importer or is it the consumer?

02:14Of course, it's the importers.

02:17According to the DA, the government needs almost Php 50 billion per year

02:21to lower the price of rice to Php 29 per kilo.

02:25Putting Php 29 for everybody's plate would require tremendous resources on the part of government.

02:33And the fiscal space is limited for us.

02:37And so, we have to prioritize who will receive that cheap rice.

02:43That's why we are focused on the vulnerable sector.

02:48This is the reason why only the poorest of the poor households and senior citizens are being sold

02:53the Php 29 rice under the KADIWA program.

02:56But they are trying to achieve more.

02:59Earlier, the first KADIWA was opened by the President-Expo in Pasay

03:03where various products can be purchased for Php 10 to 30 percent lower price.

03:09The Agriculture Department will study the importation of vegetables

03:12to lower the price and increase it compared to the recent typhoons.

03:16I am not in favor of importation.

03:18I don't like farmers.

03:20But if we need to import, we will have to import.

03:22But if we don't need to, we won't import.

03:24For GMA Integrated News, I am Mackie Pulido, your witness.

03:29Makapuso, be the first witness.

03:31Subscribe to GMA Integrated News on YouTube for more news.

03:39For GMA Integrated News, I'm Mackie Pulido.

Mataas na presyo ng bigas kahit binabaan ang taripa sa rice importers, inusisa sa Kamara | Saksi

Category

Transcript

Recommended