A couple of days back, Head of state Rodrigo Duterte reveals his strategy about abolishing rice imports
The biggest gain from liberalizing rice imports is that it will create rice costs to go down.
P15, yan lng dapat ang presyo ng isang kilong bugas. Mga pesti kayong smuggler," states Duterte.
There are various other benefits as well. It will certainly decrease the demand for higher wages as well as make Filipino labor much more competitive.
Graft as well as corruption in the Division of Farming (DA) as well as the NFA will certainly be minimize as well.