The government is planning to use part of the revenue it will collect from the conversion of the quantitative restriction (QR) on rice into tariffs for the procurement of local hybrid rice seeds for farmers, Malacaang said on Thursday.
Presidential Spokesman Harry L. Roque Jr. noted that Filipino farmers are encountering difficulties in procuring hybrid rice seeds, which would allow them to produce more palay.
Roque said the government will prioritize the purchase of hybrid rice seeds once the QR is finally converted into tariffs.
See full article at Business Mirror
