Connect with us

Business and Economy

Farmers’ org tells economic team to visit farms

Published

on

“They (economic team) are just in their table planning for us in the field. They don’t even know if their words inspire or hurts farmers’ feelings,” he said.  (PNA File Photo)

MANILA — Farmers organization Philippine Maize Federation (PhilMaize) on Friday said that recent statements of an economic team member does not reflect realities in the agricultural sector.

“I can’t help but comment (on) the recent pronouncement of our economist(s) in the cabinet as this does not reflect what is on the ground,” said PhilMaize president Roger Navarro in a statement.

“We are a nation that mostly eat rice and a little bit of corn. We cannot abandon growing in favor of importing it,” he added.

Navarro cited that in 2007 to 2008, the Philippines had the money to import rice yet there was still a shortage of the commodity. He said this happened because exporting countries refused to sell. “Then (the) price (of rice) went up to the ceiling. We don’t want a repeat (of that),” he said.

Budget and Management Secretary Benjamin Diokno earlier stated that “had the agriculture sector grown at its potential of 4 percent in 2018, full-year economic growth would have reached 6.5 percent, equal to the low-end of our revised growth target last year.”

“Looking at 2018 Gross Domestic Product (GDP) growth by industrial origin, the agriculture sector contributed a measly 0.1 percentage point to the full-year growth rate of 6.2 percent. Simply put, the farm sector had virtually zero contribution to economic growth last year,” he added.

Diokno said weak agriculture growth and last year’s inflation spike exposed the vulnerabilities of the farm sector.

The DBM is currently reviewing studies by agriculture experts in an effort to find ways of enhancing resource allocation in the farm sector, he said.

“One recommendation by the Organization for Economic Cooperation and Development (OECD), for instance, is to direct more resources in improving supply-chain connectivity (e.g. farm-to-market roads and other infrastructure) and focusing on agricultural research and extension services. This leads to long-term productivity gains as opposed to emphasizing input subsidies (e.g. fertilizers, seeds),” he added.

Diokno said the economic team will coordinate with the concerned agencies, especially the Department of Agriculture (DA) and the National Economic and Development Authority (NEDA).

“Once ready, we will share our findings in hopes of reversing the poor performance of agriculture. This will take a holistic approach, both in policy formulation and program implementation,” he said.

“Rest assured that the DBM will continue to play its part in ensuring that resources are allocated to most beneficial and most efficient purposes,” he added.

On the other hand, Navarro said the DBM chief “should calibrate his pronouncement as if they knew everything.”

“They (economic team) are just in their table planning for us in the field. They don’t even know if their words inspire or hurts farmers’ feelings,” he said.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

Headline2 hours ago

Marcos: China policy vs ‘trespassers’ in South China Sea unacceptable

MANILA – President Ferdinand R. Marcos Jr. on Saturday said China’s policy to detain alleged “trespassers” in the South China Sea,...

News3 hours ago

Marcos’ PFP forges alliance with Sotto’s NPC

MANILA – President Ferdinand Marcos Jr.’s Partido Federal ng Pilipinas (PFP) officially signed an alliance with the Nationalist People’s Coalition (NPC)...

test tube bloods test tube bloods
Health19 hours ago

Infected blood scandal – what you need to know

The infected blood scandal has been hailed the worst treatment disaster in the history of the NHS. Over 3,000 people...

hands holding pregnancy test hands holding pregnancy test
Health19 hours ago

Britain’s abortion laws are still in the Victorian era, and women are the collateral damage

A vote on ending prosecutions for abortion appears to have been delayed again. MPs have been expecting to vote on...

sleeping woman and electric fan sleeping woman and electric fan
Environment & Nature19 hours ago

Extreme heatwaves in south and south-east Asia are a sign of things to come

Since April 2024, wide areas of south and south-east Asia, from Pakistan to the Philippines, have experienced prolonged extreme heat....

News19 hours ago

Beijing is walking a fine line between support for Russia and not angering the west too much

Russia’s Vladimir Putin and China’s Xi Jinping have announced they will work together more closely to offset US pressure as...

British Prime Minister Rishi Sunak British Prime Minister Rishi Sunak
News19 hours ago

UK ‘taking back control’ of its borders risks rolling back human rights protections

The High Court in Belfast has ruled that key elements of the UK’s Illegal Migration Act are incompatible with the...

bottles of milk bottles of milk
Environment & Nature19 hours ago

What is pasteurization? A dairy expert explains how it protects against foodborne illness, including avian flu

Recent reports that the H5N1 avian flu virus has been found in cow’s milk have raised questions about whether the...

Slovakian Prime Minister Robert Fico h Slovakian Prime Minister Robert Fico h
News19 hours ago

Attempted assassination of Slovak prime minister follows country’s slide into political polarization

The assassination attempt against Slovakian Prime Minister Robert Fico has been widely condemned by world leaders as an attack on...

Indian Prime Minister Narendra Modi Indian Prime Minister Narendra Modi
News19 hours ago

Modi’s anti-Muslim rhetoric taps into Hindu replacement fears that trace back to colonial India

The world’s largest election is currently under way in India, with more than 960 million people registered to vote over...

WordPress Ads