Marikina lawmaker Stella Quimbo files the bill as the Philippines grapples with what Malacañang says is an 'alarming increase in the retail price' of rice
MANILA, Philippines – House appropriations committee senior vice chairperson Stella Quimbo filed a measure on Tuesday, September 5, seeking to allow the Philippine president to put the country under a national rice emergency when circumstances are dire.
The said bill also seeks to make numerous amendments to Republic Act No. 11203 or the Rice Tariffication Law to take into consideration the proposed national rice emergency. Under an emergency, the National Food Authority would also be authorized to import to maintain sufficient rice buffer stock, subject to the president’s approval.
Unscrupulous individuals who would be found guilty of illegal price manipulation of rice during an emergency would face jail time of up to 30 years, and fine of up to P100 million.
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