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Philippines: Government approved a PHP 7.46 billion subsidy to NFA for the year 2021

Description

In April 2021, the government of the Philippines approved a subsidy to National Food Authority (NFA) at PHP 7.46 billion (USD 154.12 million) for the year 2021. The objective was to maintain appropria...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Apr 2021

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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