Global Trade Alert
Global Trade Alert

Philippines: Government approved a PHP 2.05 billion subsidy to NFA for the year 2022

Announcement

30 Apr 2022

In April 2022, the government of the Philippines approved a subsidy to National Food Authority (NFA) at PHP 2.05 billion (USD 39.14 million) for the year 2022 to maintain appropriate rice buffer stockpiles obtained from local farmers.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Apr 2022

Revocation date:

31 Dec 2022

Updated: 30 Apr 2022
Price stabilisation

In April 2022, the government of the Philippines approved a subsidy to National Food Authority (NFA) at PHP 2.05 billion (USD 39.14 million) for the year 2022.

The objective was to&nbs...

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