Rappler Talk: NEDA's Mercedita Sombilla on rice tariffication
MANILA, Philippines – The inflation crisis may be a thing of the past, thanks to the new rice tariffication law.
The government's economic managers assured consumers of cheap rice due to fierce competition in the market.
But can farmers stand the heat?
Safety nets are being promised, yet groups are wary that the government may not be able to set these up properly.
The law's butterfly effect – or how it will affect other sectors – remains to be seen.
How does the government intend to keep the country's most political crop affordable for consumers, and sustainable enough for farmers to plant?
Socioeconomic Planning Assistant Secretary Mercedita Sombilla of the National Economic and Development Authority gives the lowdown on rice tariffication in an interview with Rappler on Tuesday, March 12. – Rappler.com