CLARK FREEPORT As part of the measures to ensure a sufficient reserve of sugar in the country, President Ferdinand R. Marcos Jr., said the national government will now maintain a two-month buffer stock of sugar.
“We will maintain from now on, in sugar, a two-month buffer stock... so that people will know hindi tayo magkaka-shortage dahil lagi tayong mayroon two-month na buffer stock which I will maintain,” Marcos told reporters in an interview on board PR001 en route to Davos, Switzerland for the World Economic Forum (WEF).
Aside from ensuring a buffer stock, Marcos also discussed his administration’s plans against smuggling and improving the production side of agricultural products.
Marcos said there are strategies against smuggling implemented by other countries that the Philippines can adapt.
He also noted that the digitalization of the Bureau of Customs (BoC) “is going to be an important part of that.”
In a meeting with the Private Sector Advisory Council (PSAC) last week, Marcos said the present system isn’t working and that government agencies must do something to decisively address rampant smuggling.
Marcos ordered reform in the bureaucracy to curb smuggling, lower logistics costs, and ensure the ease of doing business as his government works to prop up investments and business activities in the country.
The President also said the government should help the sugar industry and onion growers.
“The most important facet of this whole problem is production. We have to go back to the sugar industry. We have to go back to the onion growers and help them para magkaroon tayo ng production, hindi na tayo kailangan mag-import,” he said.
Meanwhile, the President said the government was forced to import onions to ensure sufficient supply as well as stabilize prices in the market.
“May nagsasabi, onion, hindi kailangan mag-import. Papaano naman hindi tayo kailangan mag-import? Tingnan mo ‘yung production ng Pilipinas, tingnan mo ‘yung demand, malayo talaga. Sinubukan natin na makuha lahat ng mga smuggled pero kulang pa rin kasi hindi rin natin nagamit ‘yung smuggled,” Marcos said.
Department of Agriculture (DA) Assistant Secretary Kristine Evangelista earlier announced that the government will implement a calibrated importation of onions to safeguard the farmers during the harvest season.