Trade and markets
 

Detail

Area
Philippines
Commodity Group
Rice
Commodity
All
Date
01/04/2013
Policy Category
Production
Policy Instrument
Production support
Description
Allocated Pesos 500 million (USD 12 million) to encourage greater hybrid rice cultivation in 2013 and 2014. The initiative aims to raise hybrid rice coverage to 284 000 has in 2013 and to 390 000 has the following year, up from an estimated 165 000 has in 2012.
Notes
Exchange rate as of 1 April 2013