President Ferdinand “Bongbong” Marcos Jr. had certified as urgent the proposed amendments to the Rice Tariffication Law.

Marcos explained that the rice prices increased due to the competition of traders.

“It is something that has come up, so that… ang problema kasi, kaya tumataas ang presyo ng bigas dahil ang mga trader ay nagcocompete, pataasan sila ng presyuhan sa pagbili ng palay at wala tayong kontrol doon,” Marcos said.

“Kung magkaroon ng amendments sa… NFA charter at Rice Tarrification Law, magagawan natin, makokontrol natin, may influence tayo sa presyuhan sa pagbili ng palay at pagbenta ng bigas,” he also said.

Asked if he wants this done at the soonest possible time, Marcos said, “Yes, I think it justifies the urgent certification.”