Tag: #Executive Order 128
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Senate, gov’t economic team agree to lower pork tariff, MAV allocation
After weeks of disagreement on pork imports, the Senate and the President’s economic team, led by Finance Secretary Carlos Dominguez III, decided to lower the import tariff cut proposed under Executive Order (EO) 128 and adjust the volume of pork imports allowed to enter the Philippines under minimum access volume (MAV).
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Gov't urged to compromise on pork imports, tariff rates
Senate Minority Leader Franklin Drilon on Tuesday, April 27, expressed belief that the government can maintain the tariff rates and adjust the minimum access volume (MAV) in the importation of pork to more reasonable levels.
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Meat prices rising despite 150% surge in imports
Meat prices continued to rise despite the recent 150 percent surge in pork import volume, casting doubt on the government’s recent move to bring down tariffs on imported pork.
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Tariff cuts on pork imports to result in P14-B revenue loss — KMP
The tariff cuts on imported pork under Executive Order 128 is expected to result in P14 billion loss in government revenue, according to the Kilusang Magbubukid ng Pilipinas (KMP).
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Consumers urged to patronize local pork amid issuance of EO 128
Consumers are urged to keep on patronizing local pork amid the issuance of Executive Order (EO) 128, which will bring down the tariff on pork imports and will pave the way for the entry of more imported pork into the Philippines.