A proposal to impose a 35%t tariff on imported rice may generate up to P28 billion in additional revenue for the government. Economic managers are pushing for the removal of the quantitative restriction on rice importations in favor of imposing tariffs to encourage traders to import the commodity and allow the influx of cheaper rice into the domestic market. According to NEDA, the measure is projected to reduce the price of rice by P4 to P7 per kilogram, benefitting poor families, who spend around 20% of their budget on rice.