PBBM certifies agri economic sabotage bill as urgent

Date:

Share post:

DAVAO CITY —President Ferdinand Marcos Jr. has certified the proposed agricultural economic sabotage as urgent and carries penalties.

In a letter addressed to Senate President Juan Miguel Zubiri, Marcos stated that Senate Bill 2432 is urgent “especially now that the country is beset by rising prices and shortages in agricultural products, partly due to the nefarious acts of smuggling, hoarding, profiteering, and cartel.”

The proposed bill, according to Marcos, will promote productivity in the agriculture sector and will protect the farmers against unscrupulous smugglers who control rice prices in the market by importing rice at the expense of the local farmers as food in the market is no longer affordable to the Filipinos including fishery products.-ezc

RIZAL MEMORIAL COLLEGEspot_img

Related articles

South Korean Investors Advance Tourism and Renewable Energy Plans in Misamis Occidental

MISAMIS OCCIDENTAL  (June 16) — Plans for major tourism and renewable energy investments in Misamis Occidental are moving...

New Davao Landfill Nears Opening as City Works to Restore Waste Disposal Operations

DAVAO CITY  (June 16) — Davao City is preparing to open a new sanitary landfill as early as...

Marcos Calls Special Session to Push Key Social Welfare, Education Bills

MANILA  (June 16) — President Ferdinand Marcos Jr. has called Congress to a special session on June 17...

UN Warns Middle East Conflict Could Push Millions of Filipinos Back Into Poverty

MANILA  (June 16) — The economic effects of the ongoing conflict in the Middle East may be felt...