MANILA, Philippines — The Senate and the government’s economic managers have reached a compromise on policies concerning pork importation following a “seesaw” of discussions.
“[Compromise] reached!” Senate President Vicente Sotto III told reporters in a Viber message on Wednesday.
Sotto said senators and the Department of Finance had to “strike a balance” between reducing the inflation rate and ensuring new pork import policies will not kill the domestic swine industry.
“We had to strike a balance between accepting a formula in the reduction of inflation and the protection of the local swine industry,” he said.
He did not disclose further details on the matter, saying he wi…
Keep on reading: EO 128 to be amended as ‘compromise reached’ on pork import policies — Sotto