President Rodrigo Duterte has capped the prices of pork and chicken for 60 days in Metro Manila, Malacañang said Monday as consumers raised concerns over the rising cost of basic food items.
Executive Order No. 124 imposes a price ceiling on pork and chicken within the National Capital Region, Communications Usec. Rocky Ignacio said during a virtual press briefing. A copy of the signed EO was not immediately available.
Earlier, Agriculture Sec. William Dar recommended to President Duterte to impose a price freeze on certain pork items such as P270/kg for kasim and pigue, P300/kg for liempo, and P160/kg for chicken meat to help consumers.
Consumers have complained of rising prices of goods with a kilo of pork costing as much as P400 in the market in January.
The Department of Agriculture has blamed traders for supposedly profiteering and warned that they could be fined by up to P100 million if caught guilty