Govt to lose ₱10-B revenue from rice tariff cutȁ

Govt to lose ₱10-B revenue from rice tariff cut–DOF | Reine Juvierre S. Alberto

THE proposed reduction on rice tariffs would cost the national government to potentially lose around P10 billion in revenues to break-even with the farmers and consumers, according to a Department of Finance (DOF) official. Office of the Chief Economist Undersecretary Domini SD. Velasquez said in a forum on Wednesday that…

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