Arroyo 'not advocating' reduced tariffs on meat


Posted at Aug 08 2018 11:05 AM

MANILA -- Speaker Gloria Macapagal-Arroyo is not in favor of reduced tariffs on meat to tame inflation, her office said Wednesday.

Albay Rep. Joey Salceda, the Speaker's "focal person" on counter-inflation measures, said on Monday Arroyo was urging President Rodrigo Duterte to reduce tariffs on fish and meat.

Arroyo's office on Wednesday issued a "clarification."

"Upon clarification with the Speaker, she clearly stated that she is not advocating for the importation of meat products at reduced tariff rates considering that there are other more substantive drivers of inflation as cited in the PSA (Philippine Statistics Authority) survey," she said.

Consumer prices rose 5.7 percent in July, exceeding the Bangko Sentral's goal for the fifth straight month and quickening for the seventh straight month. It was also the highest in data since January 2013.