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Estimated value of war dead animals is more than $136 million
Total damage from the war in Ukrainian agriculture has reached $4.3 billion.
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Philippines reduces tariffs for corn and coal, extends reduced tariffs for pork and rice
To facilitate the entry of more goods at lower prices, President Duterte issued Executive Order (EO) No. 171 to modify tariff rates for pork, corn, rice, and coal. This is among the key recommendations of the Economic Development Cluster in addressing the inflationary impact of the Russia-Ukraine conflict.
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Philippines reduces tariffs for corn and coal, extends reduced tariffs for pork and rice
This measure is to address the inflationary impact of the Russia-Ukraine conflict.