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  • House okays agri fund extension
    By Fernan Marasigan
    Reporter

    THE House of Representatives on Wednesday approved on third and final reading a bill which provides for the extension of the use of the Agricultural Competitiveness Enhancement Fund (Acef) but failed anew to act on the much-awaited cheaper-medicines bill.

    While the House is rushing vital measures before the Christmas break, some of its members are unhappy over the continued delay in the approval of the cheaper-medicines bill.

    But Partido ng Demokratiko ng Pilipinas-Laban Rep. Teodoro Locsin Jr. of Makati City, who is pushing for the passage of the measure, said he is optimistic the bill will be approved on third and final reading on Monday, December 10.

    However, reports say that a number of congressmen who were previously supporting the measure have reportedly “reversed” their decision.

    A strong lobby from multinational pharmaceutical firms has reportedly blocked efforts of authors of the medicines measure to have the bill disposed of in the chamber.

    Voting 152-2, House members approved House Bill 2976, an urgent bill certified by President Arroyo that seeks to allow the use of duties collected from the importation of agricultural products under the minimum access volume for agricultural activities.

    The entire amount collected will be earmarked by Congress for irrigation; farm-to-market roads; postharvest equipment and facilities; credit research and development and other marketing infrastructure; provision of market information, retraining and extension services to micro-, small- and medium-scale enterprises in agriculture, aquaculture and fisheries sectors; for young entrepreneurs, out-of-school youth, graduates of agriculture, fisheries and related courses; for agriculture and fishery cooperatives engaged in economic enterprises and other forms of assistance and support to agricultural sector.

    Besides these, the agricultural programs are aimed at strengthening agricultural competitiveness in the world market.

    Authored by Kabalikat ng Malayang Pilipino Rep. Luis Villafuerte of Camarines Sur and Nationalist People’s Coalition Reps. Alfredo Maranon III of Negros Occidental and Abraham Kahlil Mitra of Palawan, House Bill 2976 is amending Republic Act 8178, an Act replacing quantitative import restrictions on agricultural products, except rice, with tariffs, creating the agricultural competitiveness, enhance fund and for other purposes.

    RA 8178 created Acef with a life span of nine years to cushion the effect of the lifting of quantitative restrictions on affected sectors of agriculture.

    But the money collected from Acef from 1996 to 1998 was not disbursed according to its purpose because the collections were used for budgetary support instead.

    Authors of HB 2976 said that there is a need to extend the utilization period of the Acef in order to enable the government to further provide the farming sector the opportunity to use the funds to strengthen their development activities and to enhance their competitiveness.

    Among others, the bill provides for the extension of the utilization period of the Acef until 2015. All duties collected from the importation of agricultural products under the minimum access volume mechanism, unused balance and repayments from loan beneficiaries including interests, if any, shall accrue to Special Account 183 and shall be deposited with the National Treasury and after the expiration of the extension utilization in 2015, the remaining balance shall revert to the general fund.

    Besides the Acef, the House was scheduled to approve on third and final reading on Wednesday House Bill 3156 that will create the Civil Aviation Authority and provide for improvements in safety, security and facilities of international airports in the country.

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