00:00President Bumbong Marcos has already signed the three bills that are related to mental health, tourism, and agriculture.
00:09Among them is the amendment to the Rice Tariffication Law where the Rice Competitiveness Enhancement Fund was increased from Php 30 billion to Php 10 billion per year.
00:20It also aims to lower the price of rice in the coming years.
00:24The President also signed the VAT Refund Program for Non-Resident Tourists.
00:29Under this law, non-resident tourists can claim a refund of value-added tax on their products in the Philippines that are worth Php 3,000 or more.
00:39The President also signed the Basic Education Mental Health and Well-Being Promotion Act which aims to lower the number of children who suffer from depression.
00:50Under this act, there will be care centers for professional counseling and stress management workshops.
01:00Do you want to be the first to know?
01:02Subscribe to JMA Integrated News on YouTube and tune in to Unang Balita!