No To Overpriced Meat: Price Cap On Pork And Chicken To Be Implemented
Prices shouldn't go up for now.
The Department of the Interior and Local Government on Tuesday directed Metro Manila mayors to ensure that the 60-day price cap on pork and chicken would be implemented in all markets.
President Rodrigo Duterte on Monday signed an executive order imposing a price ceiling for pork and chicken meat as household budgets struggle to keep up with rising food prices.
"We therefore direct our Metro Manila Mayors to comply with EO 124 signed by the President and ensure that prices of pork and chicken are regulated in their localities," DILG Usec. Bernardo Florece Jr. said.
Based on Duterte's order, the following price caps were imposed: P270/kg for kasim and pigue, P300/kg for liempo, and P160/kg for a dressed chicken to help consumers.
While the President's order only covers the capital region, the DILG urged local governments outside Metro Manila to monitor the prices of basic food items too to avoid overpricing.
Earlier, the Department of Agriculture warned traders jacking up prices of basic food items of fines up to P100 million. Florece warned profiteers that "the government will not think twice of charging you with criminal cases."
* Minor edits have been made by the Yummy.ph editors.
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