Wednesday, May 30, 2018

NPCC EMERGENCY MEETING ON 30 MAY 2018

Though the last meeting of the National Price Coordinating Council was held only on 6 March, DTI felt an urgent need to hold another meeting immediately given the public’s seeming unrest over price increases attributed to government’s aggressive taxation program called T.R.A.I.N. Prices covering all commodities were reported and analyzed including factors affecting the economy like interest rates, exchange rate fluctuations, OFW remittances, the weather, world prices of fuel, sugar and flour, the transport sector, labor, etc.    A press-con was later held where PAGASA’s STC was invited to sit in with DTI Sec. Ramon Lopez, DTI Usec. Ruth Castelo, DILG Usec. Epimaco Densing III and DA Usec. Ariel Cayanan.

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