Global Trade Alert
Global Trade Alert

Philippines: Government provides subsidies to stabilise the rice prices for the year 2023

Announcement

23 Aug 2022

In October 2022, the government of the Philippines approved subsidies through National Food Authority (NFA) at PHP 9 billion (USD 152.51 million) to stabilise rice prices.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2023

Revocation date:

31 Dec 2023

Updated: 23 Aug 2022
Price stabilisation

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 r...

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