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BusinessWorld E-paper

December 7, 2023

THE National Economic and Development Authority (NEDA) has endorsed an executive order (EO) that would extend the temporary reduction of tariff rates on rice, pork, corn, and coal until Dec. 31, 2024, to help further bring down inflation.

“(The EO) will go to the NEDA Board next week. The Committee on Tariff and Related Matters (CTRM) endorsed it… to extend it for one year,” NEDA Secretary Arsenio M Balisacan said on Wednesday.

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