A significant shift in the Philippines’ rice import policies is on the horizon, slated to begin in 2026. The Economy and Development Council has authorized a new tariff scheme designed to respond dynamically to fluctuations in global rice prices.
Under the new system, tariffs will adjust by five percentage points for every five percent change in international rice prices. This adjustment will operate within a defined range, maintaining a minimum tariff of 15% and a maximum of 35%. The aim is to create a more responsive and adaptable system.
Currently, the tariff rate on rice imports remains fixed at 15% until the end of the year, a measure extended by Executive Order to bolster stability. However, officials believe this tariff is currently less impactful due to existing import restrictions.
The decision hasn’t been met with universal approval. Farmer groups had advocated for a return to the 35% tariff, fearing that lower rates will lead to an influx of cheaper imports, driving down prices for local producers and threatening their livelihoods.
Beyond rice, the Council also addressed critical infrastructure projects. Modifications to the Jalaur River Multipurpose Project-Stage II were approved, aiming to accelerate completion and deliver much-needed irrigation to farmers.
A renewed focus on accountability is also underway, with new rules established for Infrastructure Flagship Projects. These changes seek to streamline project lists, strengthen agency responsibility, and integrate projects firmly into the national planning and budgeting process, particularly in light of recent concerns regarding flood control projects.
Significant financial support was also secured through international partnerships. The Council approved two substantial loans from the World Bank, totaling P53.25 billion, earmarked for vital improvements in education and water sanitation.
A substantial P38.27 billion will fund the Program for Learning Upgrading and School Development (PLUS-D), a comprehensive initiative running from 2026 to 2032. This program will focus on enhancing learning outcomes, strengthening education management, and providing targeted support to schools across the country, with a particular emphasis on improving literacy and numeracy for young learners.
The remaining P14.98 billion will be allocated to the Accelerating Water Supply and Sanitation for the Poor and Lagging Areas project. This initiative will bring improved access to safe water and sanitation services to underserved communities in Bohol, Surigao del Norte, and Sulu.
Finally, the Council endorsed an Executive Order designed to expand social protection for non-regular government workers. This would allow contract of service and job order personnel to voluntarily contribute to the Social Security System, Philippine Health Insurance Corp., and Pag-IBIG Fund through a convenient payroll-based system.
