AreaPhilippines

Commodity GroupRice

CommodityAll

Date05/09/2023

Policy CategoryConsumption and marketing

Policy InstrumentPrice controls, marketing assistance

DescriptionAnnounced that it would provide a one-time financial outlay of up to PHP 15 000 (USD 264) to small rice retailers incurring losses as a result of the price caps approved for regular and well-milled rice in late August 2023.

NotesExchange rate as of 16 October 2023.