P10-B excess RCEF collections may be tapped for farming, irrigation — Romualdez


MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. may use the P10 billion excess collections from the Rice Competitiveness Enhancement Fund (RCEF) in 2023 to support farming and irrigation operations, House Speaker Ferdinand Martin Romualdez said on Friday. The RCEF, as mandated by Republic Act No. 11203, obtains its revenues from tariffs placed on imported

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