President Rodrigo Duterte recently signed Executive Order (EO) No. 124, which imposes a 60-day price freeze on pork and chicken products in Metro Manila.
“The order shall take effect for 60 days starting general circulation and shall remain in full force unless extended by the President upon recommendation of the DA,” the EO read.
The current retail prices of basic necessities in the NCR, such as pork and chicken, have increased significantly amid the coronavirus pandemic. Moreover, the supply of pork and pork products in Metro Manila was also affected by African swine fever (ASF) outbreak.
“It is imperative and urgent to ensure that basic necessities are adequate, affordable, and accessible for all,” the EO said.
Meanwhile, the Department of Agriculture (DA) will start the imposed 60-day price cap next week, February 8, DA Secretary William Dar announced on Tuesday, February 2.
“The price ceiling will effectively be enforced by February 8, 2021 by all the institutions involved,” Dar said in a House agriculture hearing probing on the higher price of goods.
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