Malacanang: On the September inflation rate

On the September inflation rate

Alam namin na ramdam ng ating mga kababayan ang pagtaas ng presyo ng bilihin kaya naman po gumawa na ng mga hakbang ang pamahalaan para matugunan ito.

President Duterte signed Administrative Order (AO) No. 13 last month to streamline procedures on the importation of agricultural products, including rice. This will lower the price of basic food products for Filipino consumers since certain administrative requirements unduly add to the cost of importation and limit food supply.

Alongside this AO, the President has also signed Memorandum Order Nos. 26, 27, and 28, all of which are measures to stabilize prices of basic agricultural commodities at reasonable levels, maintain their sufficient supply in the domestic market, and provide effective and sufficient protection to consumers against hoarding, profiteering, and cartels with respect to the supply, distribution, marketing, and pricing of said goods.

Umaasa kami na ang mga hakbang na ito ay makakatulong sa pagbaba ng presyo ng bilihin sa pamilihan.