Trade and markets
 

Detail

Area
Philippines
Commodity Group
Rice
Commodity
All
Date
10/10/2016
Policy Category
Production
Policy Instrument
Production support
Description
Approved a fund of PHP 2.3 billion (USD 46 million) to enable the National Irrigation Administration to cover operational costs, while abolishing the 2-3 cavans (100-150 kg) per hectare fee charged on users of irrigation as of 2017.
Notes
Exchange rates as of 1 December 2016.