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Gov’t open to seasonal tariffs for rice

13 May 2025
in Business
Reading Time: 3 mins read
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Gov’t open to seasonal tariffs for rice
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By Luisa Maria Jacinta C. Jocson, Senior Reporter

MILAN, Italy — The government is open to adopting a seasonal tariff scheme for rice imports to better protect farmers.   

“Yes, we will need to study it. I would say if there are no operational or even legal impediments to it, I would favor it. Because that way, we can stabilize farmers’ incomes and prices that farmers receive,” Department of Economy, Planning, and Development Secretary Arsenio M. Balisacan told BusinessWorld on the sidelines of the Asian Development Bank Annual Meeting here last week.

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