Date Published:
Nov 29, 2016
Category:
Policy Notes
Focus Area(s):
Code:
PN 2016-20

In 2017, the special treatment in rice granted to the Philippines that allows the country to maintain its import monopoly will expire. This lifting is expected to result in massive fall in domestic prices, which will reduce farmers' income. This Policy Note assesses the agricultural support options for rice farmers upon the expiration of the special treatment. It identifies decoupled payment, a form of assistance to farmers in their transition to a free market, combined with a 35-percent tariff equivalent as a possible support. Assessment shows that this compensatory transfer scheme can operate at a feasible cost, with 35-percent tariff rate applied. It also finds earmarked rice tariff revenue as a feasible funding strategy to pay for the compensation scheme.

Citations

This publication has been cited 10 times

In the Media
  1. 2017. PH Government’s food self-sufficiency approach drove up food prices–PIDS study. PIA.
  2. Casayuran, Mario. 2019. Pangilinan: Farmers deserve at least P700M from rice tariff collection. Manila Bulletin.
  3. Domingo, Ronnel. 2019. Gov’t urged to use excess rice tax to help farmers. Philippine Daily Inquirer.
  4. Go, Laurence, Jessica Cantos, and AJ Montesa, . 2019. Understanding rice tariffication. BusinessWorld.
  5. Ignacio, Reicelene Joy . 2019. Inflation crisis helps bring sweeping reform to rice growing industry. BusinessWorld.
  6. Javier, Emil. 2019. Looking after the losers. Manila Bulletin.
  7. Lazaro, Ramon Efren. 2019. 11 Bulacan warehouses padlocked for violation of revenue code. Philippine Star.
  8. Matining, Dindo. 2019. P 700M tulong sa mga magsasaka iniipit. Abante.
  9. Olea, Ronalyn. 2019. Rice price hikes seen with tariffication bill. Bulatlat.
  10. Vanne Elaine Terrazola . 2020. Senators endorse giving excess rice tariff collections to farmers. Manila Bulletin.


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