Skip to main content
See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

Philippine ministers propose cut in rice tariffs to curb retail prices

Summary by Ground News
Philippine rice inflation hit 4.2% in July, the highest since 2019. The country's inflation rate unexpectedly quickened for the first time in seven months to 5.3% in August. The Philippines, one of the world's biggest rice importers, last week put price ceilings on rice to protect consumers.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

1 Articles

FijiTimesFijiTimes

Philippine ministers propose cut in rice tariffs to curb retail prices

MANILA (Reuters) – The Philippines’ finance ministry has recommended a series of measures, including a cut in tariffs on imported rice, to curb surging retail prices that are fuelling inflation, its secretary said. The ministries of finance and economic planning are proposing a reduction in the 35% rice import tariff rates to between zero and 10%, Finance Secretary Benjamin Diokno told reporters. Under a modified scheme introduced in 2021, tarif…

·Fiji
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

FijiTimes broke the news in Fiji on Monday, September 11, 2023.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Oceania icon

Oceania

Inflation icon

Inflation

Tariffs icon

Tariffs

Manila icon

Manila

Philippines Economy icon

Philippines Economy

News
For You
SearchBlindspotLocal