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Balitanghali is the daily noontime newscast of GTV anchored by Raffy Tima and Connie Sison. It airs Mondays to Fridays at 10:30 AM (PHL Time). For more videos from Balitanghali, visit http://www.gmanews.tv/balitanghali.
#GMAIntegratedNews #KapusoStream
Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
Facebook: http://www.facebook.com/gmanews
TikTok: https://www.tiktok.com/@gmanews
Twitter: http://www.twitter.com/gmanews
Instagram: http://www.instagram.com/gmanews
GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
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NewsTranscript
00:00 It was certified as urgent or President Bongbong Marcos hastened the amendment of the Rice Tarification Law
00:06 in the middle of a high price.
00:09 We will talk about that with the Federation of Free Farmers Chairman, Leonardo Montemayor.
00:14 Good morning and welcome to Balitang Hali.
00:16 Good morning to you too, Rocky and Connie.
00:20 Good morning to you too, sir.
00:21 What do you think will be the benefit to the industry and consumers if this Rice Tarification Law is amended?
00:29 It will give us an opportunity to review the positive features and negative points of the Rice Tarification Law.
00:43 Of course, if it's negative, how can we change it?
00:46 How can we strengthen the positive features?
00:49 Speaker Martin Romualdez said that it will be able to buy 30 pesos per kilo of rice or even cheaper starting from July.
00:57 Can this be done? What can you say?
01:00 I think we have to study that proposal very carefully.
01:03 Of course, if we are going to sell cheap rice, our policy and the proposed 30 pesos per kilo,
01:12 but the current price in the market is 50 or less.
01:17 There is a 20 pesos per kilo quota. How far can we go with that subsidy or deficit to help our countrymen?
01:32 Second, aside from the budget question, I think the sale of cheap rice should be targeted.
01:43 We should qualify our consumers, the poor, so that they can avail of this subsidized price of 30 pesos per kilo.
01:56 Okay. Let's wait for that. Thank you very much for your time in Balitang Halik.
02:00 You're welcome. Thank you also.
02:03 This is Federation of Free Farmers Chairman Leonardo Montemayor.
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02:21 [Music]