Proposed bill to lower food prices, create jobs up for Marcos’ approval
The proposed bill called Livestock Development and Competitiveness Act is now up for the approval of Ferdinand Marcos Jr. 好色先生TV/Ryan Leaogo
MANILA, Philippines — The proposed Livestock Development and Competitiveness Act, a measure that aims to lower food prices and expand livelihood opportunities, is now up for President Ferdinand Marcos Jr, according to House Speaker Martin Romualdez.
Romualdez said the bill is now set for enrollment and transmission to Malacañang for Marcos’ signature into law.
“This measure brings us closer to what every Filipino family deserves: affordable, safe food on the table and meaningful livelihood for those who feed the nation. We are responding directly to the marching order of President Ferdinand Marcos Jr. to prioritize food security and rural development,” he said in a statement on Sunday.
READ: Speaker Romualdez: Lowering food prices is ‘urgent need’
The lawmaker explained that the measure specifically targets “to boost local production of pork, chicken, dairy, and eggs by supporting smallholder farmers and modernizing supply chains.” He added that the law also “ensures equity and sustainability across the board.”
“For backyard raisers and livestock farmers who’ve long been left behind, this is the support they’ve been waiting for – access to credit, veterinary care, post-harvest facilities and infrastructure that can finally elevate their livelihood,” Romualdez said.
“Through this measure, we’re creating the conditions for sustained rural development. Jobs will follow where there is investment. That’s how you empower communities from the ground up,” he added./mr
