Opez Said It Is Alsoa Critical Solution In The Near Term To Relax Importation Rules Increase Supply Of Products Domestic Market Quot Isa Big Issue Our Country Many Producers Oppose This But Remember News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(PNA file photo by Oliver Marquez) MANILA - Trade Secretary Ramon Lopez said the government's priority is to improve the supply of food in the domestic market to manage the rising prices of commodities. During the online forum of the Philippine Consulate General New York on Friday, Lopez said ensuring there is an adequate food supply is the government's strategy for easing inflation. "From our end, we cannot control the oil prices," Lopez said. "What we can do is support our agriculture sector. Any kind of support like machinery, mechanize them to improve their productivity. Fertilizers as well, and other support programs for our farmers and fisherfolk." While supporting the local agriculture sector to improve their productivity, Lopez said it is also a critical solution in the near-term to relax importation rules to increase the supply of products in the domestic market. "Importation is a big issue in our country. Many producers oppose this. But rememb ....

Ramon Lopez , Secretary Ramon Lopez , Philippine Consulate General New York , United State , Na File Photo By Oliver Marquez Manila Trade Secretary Ramon Lopez Said The Government 39s Priority Is To Improve Supply Of Food In Domestic Market Manage Rising Prices Commodities During Online Forum Philippine Consulate General New York On Friday , Opez Said Ensuring There Is An Adequate Food Supply The Government 39s Strategy For Easing Inflation Quot From Our End , E Cannot Control The Oil Prices , Uot Lopez Said Quot What We Can Do Is Support Our Agriculture Sector Any Kind Of Like Machinery , Echanize Them To Improve Their Productivity Fertilizers As Well , Nd Other Support Programs For Our Farmers And Fisherfolk Quot While Supporting The Local Agriculture Sector To Improve Their Productivity , Opez Said It Is Alsoa Critical Solution In The Near Term To Relax Importation Rules Increase Supply Of Products Domestic Market Quot Isa Big Issue Our Country Many Producers Oppose This But Remember , Ith This Issue Of Rising Prices , He Government 39s Priority Is The Food Supply Available And For Prices Not To Further Increase Because We Are Feeding 110 Million Filipinos , Uot Lopez Added He Said To Ensure That Importation Will Help Ease Inflation , Ariff And Non Tariff Barriers Should Be Eased These Include Measures In Lowering To Eliminating Import Duties As Well Facilitating The Free Flow Of Trade Outgoing Chief Added That Initiatives Allowed Country Record An Inflation Rate Within 5 Percent Level May , Ompared To The United States 39 Inflation Of 8 6 Percent In Same Month Lopez Said Faster Rate Across Globe Is Mainly Due Rising Oil Prices Amid Ukraine Russia War , Hich Also Affected The Global Trade Of Other Commodities Such As Wheat , And Fertilizers , Mong Others Pna ,