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Economic dev't committee reviewing recommendations to adjust rice tariff
Business World Philippines
|October 21, 2025
THE Economic Development Committee (EDCom) said it is seeking to strike a balance between protecting farmers and limiting the inflationary impact on consumers in adjusting rice import tariffs.
In a statement on Monday, the Department of Economy, Planning, and Development (DEPDev) said Secretary Arsenio M. Balisacan, who co-chaired the 5th EDCom meeting, said the EDCom focused on the Tariff and Related Matters Committee's recommendation to revise the rice import tariff rate, currently at 15%.
"The meeting convened key economic managers to discuss important economic matters and policy recommendations to further strengthen the country's development agenda," it said.
Diese Geschichte stammt aus der October 21, 2025-Ausgabe von Business World Philippines.
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