Topic

Rice Tariffication Law

RA 11203
The Rice Tariffication Law, enacted to lower rice prices by removing import tariffs, has faced criticism for harming local farmers by allowing cheaper imported rice to flood the market. Recent efforts by the government and farmer groups aim to amend the law to protect farmers, establish a fair floor price for palay, and strengthen the National Food Authority's role in supporting local production and food security. These measures reflect ongoing debates in the Philippines about balancing economic reforms with the need to sustain agricultural livelihoods.
🤖

This is an AI-generated summary based on recent coverage. It was last updated on Mon, October 27, 2025 at 4:09 PM

Latest Stories

Recent developments on Rice Tariffication Law