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BusinessWorld E-paper

June 25, 2024

THE GOVERNMENT is open to adjusting tariff rates on rice imports if global prices show a steady decline, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said on Monday.

“If world prices are going down, then you have to do what you can to adjust the tariff, that’s what many countries do,” he told reporters on the sidelines of a forum on Monday.

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