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Agriculture group urges Marcos to block P200 daily wage hike
The Philippine Chamber of Agriculture and Food, Inc. (PCAFI) urged President Ferdinand Marcos Jr. to block the P200 daily minimum wage hike approved by the House of Representatives.
PCAFI expressed grave concern over the bill's passage on third and final reading on June 3, stating it lacked proper consultation with the agriculture sector.
The group argued that farmers and fisherfolk, who are crucial for food production, will not directly benefit from the wage hike but will suffer from its inflationary effects.
PCAFI president Danilo Fausto noted that Congress failed to consider the implications of the wage increase on the lives and welfare of farmers and fisherfolk.
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President Ferdinand "Bongbong" Marcos Jr. will assess the economic impact of the P200 daily minimum wage hike bill approved by the House of Representatives.
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The House of Representatives approved on final reading House Bill No. 11376, seeking to increase the minimum wage of private sector workers by P200 per day.
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The Management Association of the Philippines (MAP) and the Marcos administration's economic managers oppose proposed legislated wage hikes of P100-P200.
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President Ferdinand "Bongbong" Marcos Jr. is not opposed to a wage increase for workers, Malacañang clarified.
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Lawmakers are blaming President Ferdinand Marcos Jr. for the failure of wage hike bills in Congress.
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