^

Headlines

Villar adds more teeth to law protecting agriculture sector

The Philippine Star
Villar adds more teeth to law protecting agriculture sector
Senator Cynthia Vilar as she delivers the bicam conference report of the Anti-Agricultural Economic Sabotage Act in the plenary on March 20,2024.
House of Representatives

MANILA, Philippines — The hardships being suffered by Filipino farmers and consumers due to cartels, hoarding, profiteering and other corrupt practices will soon be stopped as the Anti-Agricultural Economic Sabotage Act is closer to becoming a law.

Before the 2nd regular session of the 19th Congress adjourned last Wednesday, the Senate ratified the bicameral conference committee report on the Anti-Agricultural Economic Sabotage Act.

Sen. Cynthia Villar, principal author and sponsor of the measure, stressed that this is an act of self-preservation against the manipulative scheme of economic saboteurs and the protection of farmers’ livelihoods.

“The measure intends to repeal the seven-year-old Republic Act No. 10845, or the Anti-Agricultural Smuggling Act and introduce several nefarious acts other than smuggling, such as hoarding, profiteering, cartel of agricultural and fisheries products,” Villar said.

“This is also a protection of the State from tax evaders and non-payers of duties. This will ensure the well-being of our agricultural producers, consumers and the whole economy,” she emphasized. The Senate passed Senate Bill 2432 or the Anti-Agricultural Economic Sabotage Bill in December 2023 and it has been certified as urgent by President Marcos.

CYNTHIA VILLAR

Philstar
  • Latest
  • Trending
Latest
Latest
abtest
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with