Global Trade Alert
Global Trade Alert

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

Announcement

30 Apr 2021

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 to maintain appropriate rice buffer stockpiles obtained from local farmers.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Apr 2021

Revocation date:

31 Dec 2021

Updated: 30 Apr 2021
Price stabilisation

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&nb...

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