By John Victor D. Ordoñez, Reporter
PHILIPPINE President Ferdinand R. Marcos, Jr. on Monday signed into law a bill that will triple the state budget for rice competitiveness to P30 billion over six years, as his government tries to boost food security amid soaring prices.
He also enacted a measure that allows foreign tourists to claim refunds for purchases worth at least P3,000 (around $52) from state-accredited stores, as the Southeast Asian nation hopes to boost a tourism sector that was one of the slowest to recover from a coronavirus disease 2019 (COVID-19) pandemic.
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