1. What is the effect of rice tariffication law to the farmers?
2. What does rice tariffication law all about?
3. How did the rice tariffication law help the Filipino farmers?
Answers
Answer:
1. According to the studies by NEDA, the International Rice Research Institute (IRRI), and International Food Policy Research Institute (IFPRI), the law is expected to accelerate agricultural growth and facilitate the structural transformation of the economy with GDP increasing by at least 0.13 percent compared to the ...
2. 11203 or Rice Tariffication Law, passed last February 2019, aims to modernize the agricultural sector as a way of making the sector globally competitive. Under this law, it permits the entry of imported rice while imposing a tariff, which varies depending on the volume of imported goods.
3. RICE TARIFFICATION BENEFITS ALL FILIPINOS, ENHANCES PRODUCTIVITY AND COMPETITIVENESS OF RICE SECTOR – NEDA. MANILA – The Rice Tariffication Law (RTL) benefits all Filipinos. At the same time, it enhances productivity and overall competitiveness of our country's rice sector
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