Trade and markets
 

Detail

Area
Philippines
Commodity Group
Rice
Commodity
All
Date
26/06/2014
Policy Category
Consumption and marketing
Policy Instrument
Food subsidies
Description
Approved a set of measures to temper increases in domestic rice quotations. Further to importing an additional 200 000 tonnes of rice, 20 000 tonnes of smuggled rice confiscated by the Bureau of Customs are to be availed to the National Food Authority (NFA) for distribution. The NFA is to continue its increased pace of subsidized sales throughout the lean season, while anti-hoarding activities are also to be stepped-up.