MANILA, Philippines — Senator Panfilo Lacson on Thursday flagged possible foregone government revenue amounting to an average of over P1 billion yearly since 2015 from fish and other seafood imports due to misdeclaration and smuggling.
During Thursday’s resumption of the Senate’s investigation into the food security crisis triggered by the African swine fever (ASF), Lacson questioned huge discrepancies between the import records from the World Trade Organization (WTO) and the Philippine Statistics Authority (PSA).
“Ibig sabihin maraming misdeclaration or underdeclaration ito or maraming smuggling,” the senator said.
(Meaning, there are numerous misdecla…
Keep on reading: Lacson flags over P1-B lost annual revenue from seafood imports since 2015