MANILA FORMS TASK FORCE FOR PRICE MONITORING
MANILA CITY – This Christmas season, the Manila City government created a task force responsible for monitoring pricing of basic commodities, a report by Manila Bulletin said.
Manila Mayor Joseph Estrada ordered Annie Balboa, chief of the market administration office, to regularly inspect public markets around the city to check product prices and report vendors and stallholders who will exploit prices.
He also warned of hefty sanctions if business establishments, traders, and vendors will be caught selling items at much higher prices.
“Don’t take advantage of earning too much at the expense of our kababayan. The prices of petroleum products went down and even rice is back to its old price,” he added.
Estrada vowed that city hall inspectors will exert all its effort and make those taking advantage of the strong demand for noche buena products liable for their illicit act.
Estrada made the announcement as he observed that prices of such items tend to increase during the beginning of “ber” months.