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Philippines: A PHP 8.05 billion financial grant provided to rice farmers under the RFFA programme

Description

On 29 July 2022, the Department of Budget and Management of the Philippines (DBM) approved the release of a PHP 8.05 billion (USD 144.13 million) in funding to rice farmers under the Rice Farmers’ Fin...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Jul 2022

Revocation date

31 Dec 2022

Implementation level

NFI

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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