PBBM admin to maintain 2-month sugar buffer

PBBM admin to maintain 2-month sugar buffer

By Liezelle Soriano

Imported sugar shipment (Sugar Asia Mag photo courtesy)

MANILA — The administration of President Ferdinand “Bongbong” Marcos Jr. will ensure that there is a buffer stock of sugar in the country that can last for two months.

This is to ensure that there will be no shortage in the supply of sugar which usually results in an increase in its price.

“We will maintain from now on, in sugar, a two-month buffer stock… so that people will know hindi tayo magkaka-shortage dahil lagi tayong mayroon two-month na buffer stock which I will maintain,” Marcos said.

The Chief Executive also discussed his administration’s plans against smuggling and improving the production side of agricultural products.

“The smuggling, ‘yun talaga… kailangan talagang i-solve ‘yun. Masyadong laganap ang smuggling dito sa Pilipinas kahit na ano ini-smuggle eh. So we have to really look into that and we have some very good ideas,” Marcos said.

Meanwhile, in order to improve the production of agricultural products, Marcos said that the government needs to help the sugar industry and onion growers.

He said if the production of onion and sugar can be increased, the country will not need to import.

(ai/mtvn)

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