(BusinessMirror) LOBBY group Samahang Industriya ng Agrikultura (Sinag) has chided the administration of President Ferdinand R. Marcos Jr. for the failure of its economic team in equating unlimited importation and lowering tariffs as primal solution to fight inflation.
“We would have thought that our economic team would finally have the courage to accept the fact that they failed miserably in equating unlimited importation and lowering tariffs on meat, rice and corn as our primal solution to combat inflation,” Executive Director Jayson Cainglet was quoted in a statement the group issued last Tuesday.
Cainglet added that three years since the first Executive Order [EO] was signed by then President Rodrigo R. Duterte that lowered the tariffs on rice, meat and corn, “the reverse has actually happened.”.. Read More
