NG to gain ₱54B from rice tariffs in H1, says DOF chief

Quick Summary:

THE national government stands to gain P53.9 billion in the second half of 2024 to 2026 despite the reduction of rice tariff rates, according to the Department of Finance.

Rice farmers tilling two hectares and below will receive P5,000.Q2 growth at 6.Who won gold today?

If the EO were not implemented, a total of P103.7 billion could have been collected from rice tariffs.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: Philippines

Topics: Reduction Tariff 2025 Tariffs National Government Billion Budget Farmers Rice Program

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 16:06:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21938228

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Official Website: businessmirror.com.ph

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Year Established: 2005

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News Last Updated: 14 hours ago

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