Pag-amyenda sa Rice Tariffication Law | BT - video Dailymotion

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00:00 It was certified as urgent or President Bongbong Marcos hastened the amendment of the Rice Tarification Law

00:06 in the middle of a high price.

00:09 We will talk about that with the Federation of Free Farmers Chairman, Leonardo Montemayor.

00:14 Good morning and welcome to Balitang Hali.

00:16 Good morning to you too, Rocky and Connie.

00:20 Good morning to you too, sir.

00:21 What do you think will be the benefit to the industry and consumers if this Rice Tarification Law is amended?

00:29 It will give us an opportunity to review the positive features and negative points of the Rice Tarification Law.

00:43 Of course, if it's negative, how can we change it?

00:46 How can we strengthen the positive features?

00:49 Speaker Martin Romualdez said that it will be able to buy 30 pesos per kilo of rice or even cheaper starting from July.

00:57 Can this be done? What can you say?

01:00 I think we have to study that proposal very carefully.

01:03 Of course, if we are going to sell cheap rice, our policy and the proposed 30 pesos per kilo,

01:12 but the current price in the market is 50 or less.

01:17 There is a 20 pesos per kilo quota. How far can we go with that subsidy or deficit to help our countrymen?

01:32 Second, aside from the budget question, I think the sale of cheap rice should be targeted.

01:43 We should qualify our consumers, the poor, so that they can avail of this subsidized price of 30 pesos per kilo.

01:56 Okay. Let's wait for that. Thank you very much for your time in Balitang Halik.

Pag-amyenda sa Rice Tariffication Law | BT

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