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PHL cuts rice tariffs to temper inflation - Vimarsana News

PHL cuts rice tariffs to temper inflation

PRESIDENT Ferdinand R. Marcos Jr. is set to issue a new Executive Order (EO), which will slash rice tariffs to 15 percent amid the soaring international prices of the staple. The government expects the tariff reduction to stabilize rice prices in the next four years and temper inflation. The tariff…