The Department of Agriculture (DA) would recommend adjusting rice tariffs when retail prices hit P42 to P45 per kilo.
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Global rice prices are down and tariffs on rice imports were cut from 35 to 15 percent beginning in July last year through Executive Order 62. The objective was to bring rice retail prices down to P42 to P46.
The Department of Agriculture (DA) would recommend adjusting rice tariffs when retail prices hit P42 to P45 per kilo.
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