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

GenSan business leaders raise alarm over power instability during MinDA dialogue

GENERAL SANTOS CITY — Business leaders in General Santos City have raised growing concerns over persistent power instability...

Davao Eyes Economic Corridor Forum During ASEAN Innovation Summit

DAVAO CITY (May 16) — The City Government of Davao City is planning to host the Davao-Borneo Economic...

Senate trust crashes after power shake-up, survey finds

MANILA (May 15) — Public trust in the Senate plunged following its dramatic leadership shake-up, with many Filipinos...

Rice, transport costs push Davao inflation to 8.9% in April

DAVAO CITY (May 15) — Families across Davao Region felt a sharper squeeze on household budgets in April...