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Government to review tariffs on imports of agricultural products

Government to review tariffs on imports of agricultural products
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Government eyes flexible tariff rates to ease inflation

THE government is keen on temporarily lowering tariffs for the importation of certain commodities as a means to cushion the impact of El Niño on inflation, according to the National Economic and Development Authority (Neda). In a briefing on Wednesday, Socioeconomic Planning Secretary Arsenio M. Balisacan said expanding the coverage…

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CTRM wants to keep low tariffs on food | Cai U. Ordinario and Jasper Emmanuel Y. Arcalas

THE Committee on Tariff Related Matters (CTRM) has recommended the extension of reduced tariff rates on select agriculture commodities to maintain the recent gains in inflation reduction, according to the National Economic and Development Authority (Neda). Socioeconomic Planning Secretary Arsenio M. Balisacan said the CTRM, co-chaired by the Department of…

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