BREAKING: Radio blocktime anchor shot dead in Cagayan de Oro
  • Home
  • News
    • Bukidnon
    • Camiguin
    • Lanao Del Norte
    • Misamis Occidental
    • Misamis Oriental
    • Cagayan de Oro City
    • National News
  • Business
  • Lifestyle/Leisure
  • Tourism
  • Daily Balita
  • Sports
  • About Us
  • Entertainment
  • Contact Us

Bistek asks gov’t to take proactive role in preventing food supply shortages

March 27, 2022 at 7:52 am, No comments
Senatorial candidate Herbert “Bistek” Bautista asked the government to be proactive in preventing a shortage in the supply of basic goods, especially food, after the National Economic and Development Authority (NEDA) was quoted in reports as saying the supply of basic items was likely to fall short of demand.

“We should not wait for the shortage to be staring us in the face before we act,” said Bautista, who is running for senator on a platform of Internet reform, Livelihood for all and Youth development, or ILY, and Pagkain para sa Pamilyang Pilipino.

Bautista made the statement after reports said the think tank Japan Center for Economic Research (JCER) cut its 2022 growth forecast for the Philippines to just 6.9 percent amid threats of rising global commodity prices.

According to JCER, rapid increases in energy prices were likely to impact consumer behavior in the Philippines because the country was not self-sufficient in power.

But Bautista took issue with the NEDA recommendation to ramp up importation as a solution to projected food shortages.

In a March 18 report, NEDA projected a rise in inflation because of supply issues in food and other commodities and the effect of increasing oil prices on transportation.

NEDA said there was ample supply of chicken, upland vegetables and rice but local production, especially of vegetables, was likely to yield only 1.3 million metric tons or 20 percent short of demand.

There would be a 120,900 metric tons of deficit in pork supply.

“Why is importation our knee-jerk reaction?” said Bautista.

“There should be first an honest-to-goodness inventory of production on the ground,” he said. “We can’t know the real situation by just sitting behind our gilded desks,” added Bautista.

Bautista is running under the Bongbong-Sara ticket and has recently barged into the winning circle in the senatorial race based on the latest Pulse Asia survey. (PR)



No comments

Leave a reply







Recent Posts

  • Sustainalytics updates Sustainable Finance Framework accreditation
    29 Jun, 2022
  • THE NORTHWING: THE NEW FACE OF SM CITY CDO UPTOWN
    29 Jun, 2022
  • MINISO’S WINK REWARDS LOYALTY PROGRAM
    28 Jun, 2022
  • SUMMER AT SURPLUS
    28 Jun, 2022
  • San Miguel Beer Launches New Hard Seltzer Brand
    21 Jun, 2022
  • Filinvest adopts a PH Eagle
    21 Jun, 2022
  • Filipina students from Mindanao established a Crypto Start up Successfully
    20 Jun, 2022

NMDS PROGRAM

EVERY FRIDAY AT 6PM

EVERY THURSDAY AT 5PM

SOON...