PRESIDENT Ferdinand R. Marcos Jr. is set to issue a new Executive Order (EO), which will slash rice tariffs to 15 percent amid the soaring international prices of the staple. The government expects the tariff reduction to stabilize rice prices in the next four years and temper inflation. The tariff…
THE government should have explored other options for importation to obtain buffer stock, according to an economist. Roehlano Briones, a senior research fellow at the Philippine Institute for Development Studies (PIDS), issued the statement after the House of Representatives approved Tuesday the bill that seeks to amend the Rice Tariffication…
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