GOV’T DOING BEST TO REIN IN INFLATION

President Rodrigo Duterte signed Administrative Order No. 13 on September 21 to remove non-tariff barriers and administrative restrictions on the importation of agricultural products.

The Duterte administration is doing its best to tame inflation with an array of measures now in place to streamline imports of agricultural goods and speed up the delivery of food items to the retail market in order to check rising commodity prices.

Finance Secretary Carlos Dominguez III said among these measures is Administrative Order No. 13 signed by President Duterte last September 21 to remove non-tariff barriers and administrative restrictions on the importation of agricultural products.

“We have addressed that (inflation). The President has instructed all the agencies that regulate importation of food items to loosen the non-tariff barriers and move ahead,” Dominguez said in a media interview.

In AO 13, the President said that "non-tariff barriers and certain administrative constraints, procedures, and fees unduly add to the costs of importation and limit supply, which in turn push up the prices of agricultural commodities to the detriment of Filipino consumers, especially the poor.

The President also issued Memorandum Order (MO) 26 directing the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) to implement measures to reduce the gap between the farmgate and retail prices of agricultural products. /

“We have addressed that (inflation). The President has instructed all the agencies that regulate importation of food items to loosen the nontariff barriers and move ahead,” Carlos Dominguez III Finance Secretary

PHOTO BY PR RECOGNIZED.In behalf of Torre Lorenzo Development Corp. President Tomas Lorenzo, Dusit Thani Davao general manager Chris Wichlan (center) received on Wednesday, an award from Davao City Police Office as a valuable partner in line with the 117th Police Service Anniversary. The award was given by Davao City Mayor Sara DuterteCarpio and Police Chief Superintendent Marcelo C. Morales.