Markets and Trade
AreaPhilippines
Commodity GroupRice
CommodityAll
Date19/06/2024
Policy CategoryConsumption and marketing
Policy InstrumentFood subsidies, stock release
DescriptionApproved the Bigas 29 program. Under the scheme, supplies held in store by the National Food Authority would be released to beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps), single parents, senior citizens, persons with disability and indigenous people at a price of PHP 29 (USD 0.5) per kg, in rations of up to 10 kg per household per month. The scheme would be rolled out as of July 2024, targeting to assist 6.9 million households across the country.
NotesExchange rate as of 15 July 2024.