The Provincial Government will be looking into doing a buyback scheme with the local fisherfolks that could potentially address the rising prices of fish in Bohol according to Provincial Administrator Aster Caberte. In an episode of The Capitol Talks this August 19, PA Caberte issued that they are potentially looking into a buyback scheme that could help stabilize the pricing of fish in the province. This was also mentioned by Assistant Secretary-designate for Visayas Salvador Diputado in another episode of the said show last August 5. Through the buyback scheme, Local Government Units can regulate the prices of fish by directly buying them from local fisherfolks. This could potentially stop middlemen from hiking up fish prices when they’re doing transactions with local fisherfolks. She added that the Land Bank of the Philippines also pledged to give a sizeable fund to help out the fisherfolks. “Kini para mahatagan og igo-igong pundo sila (mangingisda) aron maka lingkawas sila sa ilang present nga utang. Para dili sila makabuhi sa naggunit nila”, PA Caberte said. (“The funds are for them (fisherfolks) so that they’ll have the right amount to pay off their loans) Aside from the buyback scheme, the Provincial Government is also looking into conducting interviews with local fisherfolks to trace the pricing of fish from the moment they are caught to its delivery to the fish markets. The rising fish prices remain a big concern for Boholanos during the COVID-19 Pandemic and the aftermath of Typhoon Odette. The Aumentado-Balite administration is optimistic that implementing climate-smart and sustainable agriculture can solve the agricultural problems Bohol is facing.(GC)
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