Rice tariffs to generate P28B for govt – NEDA

Replacing rice import quotas with a 35-percent tariff could generate up to P28 billion in revenues for the government, the National Economic and Development Authority (NEDA) said. In a presentation e-mailed to the media on Wednesday, the NEDA said the imposition of tariffs could lead to potential revenues ranging from P7-28 billion and lower rice [...]

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