
More sugar importation will not taper prices: KMP
The Kilusang Magbubukid ng Pilipinas (KMP) said on Friday, December 23, that it is imperative to challenge the decision of the MAV advisory council to import another 64,050 metric tons of refined sugar in response to the prevailing high retail prices in the domestic market."Importation as an instant solution to high prices is undoubtedly an economic misstep. We have proved this with the Rice Liberalization Law with the massive importation of other agricultural products such as onion, garlic, and vegetables," KMP said in a press release.The sugar importation proposal, endorsed by the Department of Agriculture MAV Advisory Council, was recently approved by President and concurrent agriculture Secretary Ferdinand Marcos Jr.DA Memorandum Order No. 77 was issued last December 20 to ...









