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The House of Representatives will begin plenary debates this week on a bill amending the Rice Tariffication Law , a critical measure aimed at substantially reducing rice prices to ease the financial stress of millions of ordinary Filipino consumers.
“We recognize the urgency of addressing the challenges faced by consumers due to high rice prices. Through these plenary debates, we are taking decisive action to bring about meaningful change and ease the financial strain on Filipino households,” he said. Last Tuesday, the panel approved the substitute measure for the consolidated bills filed in the House of Representatives. The proposal aims to bolster the competitiveness and resilience of the rice industry while ensuring affordable access to the essential staple for all Filipinos.The committee approval came a day after President Marcos expressed his intention to certify the bill amending RTL as urgent.
The substitute bill seeks to restore the National Food Authority’s role in managing the country’s rice supply chain under the proposed amended RTL.
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