RICE TARIFFICATION LAW IS THE BEST MODEL THAT WE HAVE TO HELP BOTH FARMERS AND CONSUMERS — NEDA

May 19, 2022 – Socioeconomic Planning Secretary Karl Kendrick T. Chua said that the Rice Tariffication Law (RTL) is the best model that we have to help both farmers and consumers. Republic Act No. 11203 or the RTL replaced the quantitative restrictions on imported rice with tariffs of 35 to 40 percent and established the continue reading : RICE TARIFFICATION LAW IS THE BEST MODEL THAT WE HAVE TO HELP BOTH FARMERS AND CONSUMERS — NEDA

RICE TARIFFICATION BENEFITS ALL FILIPINOS, ENHANCES PRODUCTIVITY AND COMPETITIVENESS OF RICE SECTOR – NEDA

MANILA – The Rice Tariffication Law (RTL) benefits all Filipinos. At the same time, it enhances productivity and overall competitiveness of our country’s rice sector. “When the government began its campaign to reform the rice sector, the goal was to improve food security for all and give rice farmers better support,” Acting Socioeconomic Planning Secretary continue reading : RICE TARIFFICATION BENEFITS ALL FILIPINOS, ENHANCES PRODUCTIVITY AND COMPETITIVENESS OF RICE SECTOR – NEDA

NEDA STUDIES WAYS TO BOOST FARM PRODUCTIVITY WITH RICE TARIFFICATION

July 04, 2019 MANILA— With rice tariffication in place, bulking up investments in research and development in agriculture and investing in irrigation, among others, can markedly increase rice yields and farm productivity in the long run, the National Economic and Development Authority (NEDA) said. NEDA, in partnership with the International Food Policy Research Institute (IFPRI), continue reading : NEDA STUDIES WAYS TO BOOST FARM PRODUCTIVITY WITH RICE TARIFFICATION

TRADERS, FARMERS URGED TO SCALE UP EXPORTS OF SPECIAL RICE VARIETIES

April 24, 2019 MANILA—The National Economic and Development Authority (NEDA) is encouraging farmers to increase their production of special varieties of rice to respond to the increasing demand in the international market now that restrictions on exports have been repealed. NEDA reminded rice farmers and traders that the recent rice law, or Republic Act 11203, continue reading : TRADERS, FARMERS URGED TO SCALE UP EXPORTS OF SPECIAL RICE VARIETIES

​RICE TARIFFICATION A WIN FOR FARMERS AND THE POOR – NEDA

February 28, 2019 Rice tariffication will directly benefit both farmers and the poor through lower rice prices and increased government assistance to the agricultural sector, the National Economic and Development Authority said. Socioeconomic Planning Secretary Ernesto M. Pernia further said that the newly-signed Rice Tariffication Law provides for the establishment of the Rice Competitiveness Enhancement continue reading : ​RICE TARIFFICATION A WIN FOR FARMERS AND THE POOR – NEDA

JOINT MEDIA RELEASE: P5 BILLION ALREADY RELEASED TO PROTECT RICE FARMERS

February 28, 2019 Budget Secretary Benjamin E. Diokno said on Tuesday that PhP5 billion has already been released under the 2018 national budget to protect farmers from possible adverse effects of the lifting of the Minimum Access Volume (MAV) on rice. Last December 2018, a Special Allotment Release Order (SARO) amounting to PhP 5 billion continue reading : JOINT MEDIA RELEASE: P5 BILLION ALREADY RELEASED TO PROTECT RICE FARMERS

NEDA LEADS CRAFTING OF RICE TARIFFICATION LAW’S IRR

February 19, 2019 The National Economic and Development Authority (NEDA) is taking the lead in crafting the Implementing Rules and Regulations (IRR) of the recently signed Rice Tariffication Act or RA 11203, ensuring the country’s smooth and timely transition to a new rice regime. “We laud the signing of the historic Rice Tariffication Act. This continue reading : NEDA LEADS CRAFTING OF RICE TARIFFICATION LAW’S IRR

DOF-NEDA-DBM Joint Statement on July 2018 Inflation Report

August 7, 2018 ADDRESS SUPPLY CONSTRAINTS TO TEMPER INFLATION –NEDA, DBM, DOF   MANILA— The Government’s Economic Team, composed of the  Department of Budget and Management (DBM), Department of Finance (DOF), and National Economic and Development Authority (NEDA), said stronger government measures, most especially in improving agriculture productivity and, in the short term, a strategic trade continue reading : DOF-NEDA-DBM Joint Statement on July 2018 Inflation Report