President Rodrigo Roa Duterte on Monday has ordered a price cap on pork and chicken products for 60 days in the National Capital Region.
The issuance of Executive Order No. 124 came following the recommendation of the Department of Agriculture (DA).
“[T]he current retail prices of basic necessities in the National Capital Region such as pork and chicken have increased significantly, causing undue burden to Filipinos, especially the underprivileged and marginalized,” the EO stated.
“[I]t is imperative and urgent to ensure that all basic necessities are adequate, affordable and accessible to all.”
Duterte ordered the price for kasim and pigue should not exceed PHP270 per kilo. He also fixed the price ceiling for liempo and dressed chicken at PHP300 and Php160, respectively.
Agriculture Secretary William Dar earlier said this is to prevent any further price hikes on the national meat supply and some businesses who illegally manipulate prices for basic commodities.
