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The government has launched its nationwide rice price monitoring to assess the impact of the rice tariff reduction across the entire supply chain, from importers to retailers.
“These data-driven reports will inform policymakers’ decisions to ensure stable rice supply, distribution, and pricing,” said Trade Secretary Alfredo Pascual, who also chairs the National Price Coordinating Council . President Marcos last month issued Executive Order No. 62 that reduced the tariff on rice from 35 percent to 15 percent as well as tariffs on other agricultural products.
Initially, 10 Kadiwa centers in Metro Manila and Bulacan participated in the program that would run every Friday, Saturday, and Sunday.
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