Group: Rice

Tariffication
 An Introduction:
With the Rice Tariffication Bill (Senate Bill No. 1998)
recently enacted into law by President Rodrigo Duterte, as
confirmed by Presidential Spokesperson Salvador Panelo, the
rice economy and its local farmers are expected to be affected,
for better or worse, and they’re bracing for the impact.

2
 Why was it
Implemented?

3
 Since October 2018, Duterte declared the issue as
“urgent” due to price hikes that caused rice to hit P70
per kilo last year. Finance Assistant Secretary Tony
Lambino predicts that the law will cut rice prices by P7
per kilo. Bangko Sentral ng Pilipinas projects that this
will also cut inflation by 0.6 percent.

There is a need
Fulfillment of an Obligation
 “ to address the urgent need to
improve availability of rice in
the country, to prevent artificial
rice shortage, reduce the prices
of rice in the market, and curtail
the prevalence of corruption and
cartel domination in the rice
industry.

5
 Its Impact

6
7
 Thirty-five percent from the Association of Southeast Asian
Nations (ASEAN); 40 percent from non-ASEAN countries if
imports are below 350,000 metric tons; and 180 percent if
imports are from non-ASEAN countries and above 350,000
metric tons.

Local farmers are expected to be

impacted the most

National Food Authority (NFA) will also

be directly affected

8
 “ We did not decide on the
importation of rice. We signed
an agreement in 1995 with WTO,
they will allow us to control the
importation of rice for 22 years
to prepare the farmers to
become competitive to the
imported rice and this expired in
2017.

9
 Who to Blame?

10
 Systematic
Negligence

11
 What can we
do?
Government: The RCEF is expected to allocate 10 billion
annually to the support of Filipino rice farmers over a 6 year
period.
Consumer: Purchase directly from farmers in their local
communities.
12
Thank you!