Mendez (The Philippine Star) August 8, 2018 12:00am
MANILA, Philippines President Duterte remains consistent in
his pronouncement in his third State of the Nation Address (SONA)
last month that he would not hesitate to use the entire power of
the state to order the seizure of rice hoarded in warehouses,
Malacaang said yesterday.
He invoked national security in this regard, so we warn rice
hoarders that the President will use the full force of the state
and force open warehouses where these hoarded rice may be found,
presidential spokesman Harry Roque Jr. said.
Malacaang made the statement in the wake of Duterte expressing
alarm over inflation, which has broken last months record high.
Roque assured the public that the government is working double
time to address the issue.
We are looking at all aspects, further alleviation measures. And
of course, the statement of the President against rice hoarders was
because the increase in price of rice was the major contributor to
the increase in overall inflation, he said.
Roque confirmed that the President earlier personally called a
rice trader suspected of hoarding tons of rice in his warehouse and
warned of charging him with economic sabotage.
Rice immediately flooded the market, Roque said, citing
monitoring of concerned agencies. The Palace did not identify the
Gloria Macapagal-Arroyo solution
At a press briefing in Malacaang, Roque said Duterte is amenable
to looking at the recommendation of Speaker Gloria Macapagal-Arroyo
to lower tariff imports for fish, rice, meat, poultry, corn, wheat
flour and vegetables.
The President has previously expressed alarm over rising
inflation, Roque said. The recommendation given by Arroyo was
considered by the economic cluster.
Duterte met with the Cabinet last Monday, where they discussed
Finance Secretary Carlos Dominguez III and Budget Secretary
Benjamin Diokno also held another meeting with the President.
On the recommendation of Agriculture Secretary Emmauel Piol,
Roque said the law res...