Global Trade Alert
Global Trade Alert

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

Announcement

03 Feb 2024

In 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 to boost the country's agriculture sector.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Feb 2024

Revocation date:

31 Dec 2024

Updated: 03 Feb 2024
Production subsidy

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...

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