(Eagle News) — The Department of Agriculture (DA) will soon start giving P5,000 cash assistance to some 600,000 small rice farmers most affected by the initial impact the rice tariffication law (RTL). This undertaking of the department will be done in partnership with the Land Bank of the Philippines (LBP) and Development Bank of the Philippines (DBP) The DA forged an agreement with the LandBank and DBP on Monday, December 16, that will disburse […]
Tag: rice tariffication
Pres. Duterte suspends rice importation this harvest season, tells DA to buy all rice produced by local farmers
(Eagle News) – President Rodrigo Duterte on Tuesday night directed Agriculture Secretary William Dar to suspend all rice importations, and to instead buy all the palay or rice harvested by the country’s farmers. Duterte said that the Department of Agriculture should buy all the palay of the country’s farmers at farmgate prices even if this would mean using up funds that would exceed the allocation for this. This is because he wants to support […]
President Duterte orders NFA to buy all locally harvested palay to address farmers’ concerns
(Eagle News) — President Rodrigo Duterte has directed the National Food Authority (NFA) under the Department of Agriculture (DA) to buy all locally harvested palay (unhusked rice) to help Filipino farmers who are hit by the very low palay prices. “What the solution should be or will be for the Secretary of Agriculture to buy all,” the President said addressing the complaints of rice farmers about the plunging palay prices The prices of palay […]
Palace says IRR on Rice Tariffication Law already signed by NEDA, DBM
(Eagle News) – The Implementing Rules and Regulations (IRR) for the Rice Tariffication Act had already been signed by the National Economic and Development Authority (NEDA) and the Department of Budget and Management (DBM), Malacanang said on Tuesday, April 2. Presidential Spokesperson Salvador Panelo said that this was also discussed during the Cabinet meeting on Monday, April 1, convened by President Rodrigo Duterte. “The IRR is already signed by the NEDA and the DBM while […]
DOF: Tariffs on rice importation under rice tariffication law to start on March 3
(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 […]





