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Monday, 25 September 2023

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Site logo image iskup2015 posted: " Oust Diokno, Balisacan By J.Lo "More agricultural groups are joining  call of  rice industry stakeholders to reject all proposals to reduce or remove tariffs on our most loved food commodities: rice, pork, chicken and corn…we all know that Secr" ISKUP!

iskup news-on-line daily

iskup2015

Sep 25

Oust Diokno, Balisacan

By J.Lo

"More agricultural groups are joining  call of  rice industry stakeholders to reject all proposals to reduce or remove tariffs on our most loved food commodities: rice, pork, chicken and corn…we all know that Secretaries Diokno and Balisacan are not only proposing tariff reduction on rice; but also, on pork, chicken and corn," Samahang Industriya ng Agrikultura (SINAG) chairman Rosendo So said more farmers' groups joined  calls for President Ferdinand Marcos Jr.to remove Finance Secretary Benjamin Diokno and Socioeconomic Planning Secretary Arsenio Balisacan over their alleged preferential treatment on importation by moving to bring down tariffs on rice and other imported agricultural products.

At least 20 more peasant organizations signed  petition to replace Diokno and Balisacan, after six groups initiated  campaign to axe duo members of FMJ economic team.

So vowed  more protest actions will be held in front of  Department of Finance building to bat for removal of Diokno and Balisacan.

He stressed  other farmer groups involved in livestock, poultry, corn and allied sectors support efforts to bring to FMJ opposition of  entire local agriculture industry on alleged plot of Diokno and Balisacan on tariff reductions.

"It is easy for Balisacan and Diokno to say tariff reduction will not affect  farmers as they only stay in offices, far from  mud and hard life of farmers," So maintained.

He said  reducing or eliminating rice tariffs would put in peril  tariff collection under  Rice Tariffication Law.

"Projected 3.9 million metric tons of rice imports next year would mean  loss of P33.5 billion for  rice industry…revenue losses from tariff reduction from pork imports would mean forgone revenues of P16 billion to P18 billion, while tariff reduction for chicken imports would mean government losses of P6 to 8 billion," he concluded.

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