The 26-page petition was filed by the Samahang Industriya ng Agrikultura, Federation of Free Farmers, United Broiler Raisers Association, Sorosoro Ibaba Development Cooperative and Magsasaka partylist president Argel Joseph Cabatbat.
Named respondents were President Marcos, Executive Secretary Lucas Bersamin, National Economic and Development Authority NEDA Secretary Arsenio Balisacan and Commission Chairperson Marilou Mendoza.
The petitioners noted that farmers were “shocked” Bersamin signed EO 62, also known as “Modifying the Nomenclature and rates of Import Duty on Various Products” on June 20.
The petitioners said that they were never informed nor were they ever called for investigation a out the reduction of rice tari.
According to the petitioners, EO 62 was hastily issued sans the consultation, investigation, hearings and reports, which are required by the Flexible Clause of Customs Modernization and Tari Act or Republic Act 10863 to be complied with before the President can validly make issuance of an executive order involving Tari reduction.
“It is well to emphasize that included in the reduced tari is rice the most staple food of the Filipino people. Also reduced are the tari of corn, pork and chicken meat. Prior to issuance of EO 62, tari s for corn imports was already lowered to ve percent 1 percent tari s for pork and 3 percent tari s for rice imports under EO 10,” the petition added.
They added that lowering taris on products, specifically staple foods like rice and corn, poses significant challenges for local farmers. Lower tari s can lead to an in ux of cheaper imported goods, undermining domestic producers’ and farmers’ sales and products.
In a statement, Balisacan said NEDA respects the legal process and will respond to the petition led by farmers’ groups in due course.
هذه القصة مأخوذة من طبعة July 05, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 05, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
IMI trims global operations to boost profitability, efficiency
Ayala-led Integrated Micro-Electronics Inc.
BOI fast-tracks P4.3 T investments via green lane
Investments for projects endorsed for green lane processing for faster processing of permits have reached P4.3 trillion as of September, according to the Board of Investments (BOI).
Jaime Alfonso Zobel joins IIPCC as private sector representative
Jaime Alfonso Antonio Eder Zobel de Ayala, the son of Ayala Corp.
Financial well-being for all By LOUISE MAUREEN SIMEON
Benedict Sison, chief executive officer and country head of Sun Life Philippines, has accumulated a wealth of experience in five diverse countries the United States, India, Canada, China and Hong Kong before returning to the Philippines. This international exposure has significantly shaped his career decisions and leadership style, providing him the right tools to navigate the complex financial landscape of the insure - inductas
More Pinoys are tuning in to podcasts – study
As digital penetration deepens across the country, more Filipinos are now tuning in to podcasts, surpassing other media platforms such as online streaming sites, online news portal and TV as the most preferred source of information, according to a study conducted by three of the country's largest podcast networks.
PESONet, InstaPay transactions hit P10.9 T
The amount of electronic fund transfers via PESONet and InstaPay jumped by over 34 percent to P10.9 trillion from January to August compared to last year's P8.13 trillion, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Phl seeks stronger economic ties with Germany
The Philippines is seeking enhanced cooperation and investment opportunities with Germany in a bid to boost the local economy.
Phl to further boost innovation efforts
The government will continue to prioritize efforts to promote and strengthen innovation to drive economic growth following improvements in the country's global innovation ranking, the National Economic and Development Authority said.
Food retail sector growth may ease this year
The country's food retail sector is expected to grow at a slower pace of five percent this year as more Filipinos choose to spend less as they cope with higher food prices, according to the US Department of Agriculture Foreign Agricultural Service.
ROS EARNS RIGHT TO CHALLENGE TNT
With Andrei Caracut, Adrian Nocum, Keith Datu and Aaron Fuller making big plays in winning time, ROS drove the dagger on Magnolia in the quarterfinal sudden death, 113103, to march into the PBA Governors' Cup Final Four last night at the Ynares Center here.
