The Provincial Price Coordinating Council (PPCC) has vowed to strictly implement a “price freeze” on all basic commodities pursuant to the national government’s policy.
The PPCC said the prize free will remain in force while the Public Health Emergency and a State of Calamity is officially in force throughout the country in the wake of the COVID-19 crisis.
Resolution No. 2020-01 was approved to implement the price freeze in Palawan as recommended by implementing agencies pursuant to Joint Memorandum Circular No. 2020-01 in consonance with Republic Act (RA) No. 7581 or the “Price Act” as amended by RA No.10623 and other related laws, rules, and regulations by the Department of Agriculture (DA), Department of Trade and Industry (DTI), and the Department of Health (DOH).
The price freeze covers the rice, prime agricultural products procured in markets such as pork, chicken, marine products, vegetables, fruits, and root crops.
It also includes coffee, milk, egg, canned goods, instant noodles, soap, medicine, and other basic necessities.
“Nagsasagawa ng monitoring ang Provincial Price Coordinating Council sa lalawigan upang masiguro na walang paggalaw sa presyo ng mga pangunahing bilihin sa iba’t-ibang munisipyo sa lalawigan,” the statement said.
Violators of the price freeze will be imprisoned for 5 to 15 years and pay fines of P5,000 up to P2 million.
DTI has initially declared a price freeze on all basic necessities following the issuance of Proclamation No. 922 or the declaration of a Public Health Emergency on March 8 throughout the Philippines due to COVID-19.