Rice Tariffication Law

The Rice Tariffication Law, enacted in 2019 to lower rice prices and modernize the industry, has instead led to falling palay prices and reduced farmer incomes, prompting calls for amendments. Philippine officials and agricultural groups argue that the law has failed to protect local farmers and stabilize prices, urging reforms to strengthen the rice sector and ensure fair competition. Proposed changes include revising import policies, restoring the National Food Authority's role, and increasing support for local farmers.