Philippines: Duterte keeps 5% tariff on deboned meat until December 2022

Published 2021년 1월 18일

Tridge summary

President Duterte of the Philippines has maintained a 5% tariff on mechanically deboned chicken and turkey meat until the end of 2022, as stated in Executive Order 123. This move aims to stabilize the prices of processed meat products, helping to mitigate the economic impact of the COVID-19 pandemic on Filipinos. The order, which is effective immediately, is supported by Agriculture Secretary William Dar and is designed to ensure the availability of essential food products at stable prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

President Rodrigo Duterte has retained the 5% tariff on mechanically deboned chicken and turkey meat, a measure the Department of Agriculture said would prevent a jump in prices of processed meat products. Duterte signed Executive Order 123 on January 15, a copy of which was released by Malacañang on Monday.Skip In issuing the directive, Duterte cited the “urgent need” to adopt measures aimed toward mitigating the adverse impacts of the COVID-19 pandemic on the lives and livelihoods of Filipinos. “[I]t is necessary for the government to provide an enabling environment that ensures the continued supply of essential food products at stable prices, helps businesses recover and sustain their operations, and preserves and creates employment opportunities, all for the purpose of supporting the economy in bouncing back and resuming its growth momentum,” the EO states. At the Laging ...
Source: Gmanetwork

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