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Philippines: Government provided a fertiliser subsidy of PHP 9.56 billion to rice farmers

Description

On 3 February 2024, the Department of Budget and Management of the Philippines provided a fertiliser subsidy of PHP 9.56 billion (USD 170.59 million) to rice farmers. The subsidy will run until 31 De...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Feb 2024

Revocation date

31 Dec 2024

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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