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Description
On 20 October 2022, the Senate Finance Subcommittee approved the subsidy to National Food Authority (NFA) at PHP 9 billion (USD 152.51 million) for the year 2023 to maintain appropriate rice buffer st...
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Intervention Details
Intervention Type
Price stabilisation
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
01 Apr 2023
Revocation date
31 Dec 2023
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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