Tariffication to start March 5, DoF clarifieshome/Business/Top Business/Tariffication to start March 5, DoF clarifiesThe newly-signed Rice Tariffication Act will take effect March 5 instead of the previously announced March 3, the Finance department clarified on Tuesday. A draft IRR was presented to the NFA Council on Monday, the National Food Authority (NFA) said in a separate statement. The Foundation for Economic Freedom, Inc. (FEF) on Tuesday welcomed the signing of the rice tariffication bill and urged President Rodrigo Duterte to focus more on the country’s agriculture sector. “We laud President Duterte for signing the Rice Tariffication bill into law last Friday, February 15, 2019. “We’re actually all in danger once the rice tariffication law will be fully implemented,” NFA Employees Association President Maximo Torda told The Manila Times.

Source: Manila Times February 19, 2019 16:51 UTC