PBBM issues EO on 60-day pause of rice importation

(Photo courtesy: Cesar Abad Jr. / PNA)

By Dean Aubrey Caratiquet

In adherence to the Department of Agriculture’s (D.A.) recommendation geared towards protecting the country’s agricultural sector, President Ferdinand R. Marcos Jr. issued Executive Order (EO) No. 93 on Friday, putting the brakes on importation of regular and well-milled rice for 60 days.

The President said, noting that the suspension on rice imports will take effect from Sept. 1 to Oct. 30, “Upon the recommendation of the D.A., the importation of regular milled and well-milled rice is hereby suspended. The suspension of importation shall not cover specialty rice varieties not commonly produced by local farmers.”

President Marcos also emphasized that the period of suspension may be shortened or extended, as may be necessary, upon the joint recommendation of the D.A., Department of Economy, Planning, and Development (DEPDev), and Department of Trade and Industry (DTI).

These agencies were likewise tasked to convene within 30 days after the 60-day rice import ban takes effect, to evaluate its impact on the supply and prices of the staple grain in the country. 

Moreover, they are ordered to submit a joint recommendation to the President via the Executive Secretary within 15 days after the assessment meeting takes place.

The EO said, “According to the D.A., there is a need to suspend the importation of regular milled and well-milled rice for 60 days, which will coincide with the peak of harvest season, to enable the domestic market to absorb the local supply, stabilize prices, and help Filipino farmers sell their palay at a fair and reasonable price.” (with report from Clay Pardilla/PTV News)

av

Popular

Gov’t agencies ‘all hands’ in Mindanao quake response —OCD

By Brian Campued In line with the directive of President Ferdinand R. Marcos Jr., concerned government agencies continue to deliver humanitarian assistance and disaster response...

PBBM to welcome Germany President for PH state visit, lead ASEAN-Russia Summit next week

By Brian Campued It will be a busy week ahead for President Ferdinand R. Marcos Jr. as he is set to receive a high-ranking German...

PBBM hails timely completion of 2 new school buildings in QC

By Dean Aubrey Caratiquet “I am very, very happy to see that the students are already using it.” After a major fire gutted an old building...

DEPDev pushes for stronger gov’t-industry tie-ups to boost labor market resilience

By Brian Campued The Department of Economy, Planning, and Development (DEPDev) on Tuesday called for stronger collaboration between government and industry to equip workers with...