Livestock bill awaiting signature – BusinessWorld Online
HOUSE Speaker Ferdinand Martin G. Romualdez on Sunday said a proposal that could help lower food prices and expand agricultural livelihood opportunities for Filipinos now awaits the signature of President Ferdinand R. Marcos, Jr.
The proposed Livestock Development and Competitiveness Act would help boost the domestic production of pork, chicken and dairy products by helping modernize agricultural supply chains and providing support to small farmers, Mr. Romualdez said.
“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,” he said in a statement.
Congress earlier approved the bicameral conference committee report of the proposed law, which was pushed in hopes of industrializing the country’s agriculture sector and providing employment.
“Through this measure, we’re creating the conditions for sustained rural development,” said Mr. Romualdez. “Jobs will follow where there is investment.”
“With the President’s signature, this game-changer law will become a powerful tool for economic inclusion, grassroots empowerment and national food resilience,” he said. — Kenneth Christiane L. Basilio
