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(Eagle News) –The country’s economic managers assured farmers they would have the necessary assistance to protect them from the possible adverse effects of the lifting of the quantitative restrictions on rice imports under the Rice Tariffication Law. Budget Benjamin Diokno said at least P5 billion has been released under the 2018 national budget for this purpose. He said this was apart from the P5 billion in Special Allotment Release Order issued to the Department of […]
(Eagle News)—The Palace on Tuesday, Feb. 19, assured the public there would be transparency in the use of the P10-billion Rice Competitiveness Enhancement Fund, and no corruption. “Good governance is the hallmark of the Duterte Administration and the President has zero tolerance against corruption and wastage of taxpayers’ money,” Presidential Spokesperson Salvador Panelo said. According to Panelo, the Secretary of Agriculture would be accountable for the rice fund, which will be derived from the 35 percent […]
(Eagle News)–The tariffs on rice importation under the newly signed rice tariffication law will start on March 3, the Department of Finance said on Monday .Feb. 18. In a statement, the DOF said the National Food Authority Council also “approved the transfer of the NFA functions to the Department of Agriculture as provided under the rice tariffication law, effective March 3.” The DOF said the approval was made also on Monday, Feb. 18, during the NFA […]
