Salceda favors abolition of SRA; warns vs. liberalization of sugar industry

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Albay Representative Joey Salceda said he favors the abolition of the Sugar Regulatory Administration (SRA), saying it is a “failed agency.” Salceda also raised caution against liberalizing the sugar industry as it would be detrimental to farmers.

Albay Representative Joey Salceda said Wednesday he favors the abolition of the Sugar Regulatory Administration , saying it is a “failed agency.”

SIDA refers to the Sugarcane Industry Development Act, while the TRAIN law is the Tax Reform for Acceleration and Inclusion policy of the government. “I would suggest that sugar industry programs be streamlined within the DA instead, as is consistent with the overall direction of President Bongbong Marcos to streamline agricultural support,” he added.Salceda said the government must be circumspect in opening up the industry to foreign stocks, saying the flooding of imported sugar will hurt the farmers.

 

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It is the people running them that are Incompetent appointed politically w/No skill or knowledge of how to run it.... Grrrrr

This agency has not served its purpose. Better abolish it!

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