ZAMBOANGA CITY, July 3 (PNA) -– The city
government has reconstituted the Local Price Monitoring Council (LPMC) in a bid
to protect consumers against hoarding, profiteering and cartels of prime
commodities and other basic necessities.
The LPMC was reconstituted through the issuance
of Executive Order BC-61-2014 by Mayor Ma. Isabelle Climaco-Salazar pursuant to
Republic Act 7581 otherwise known as the Price Act, which declared that it is
the state policy to ensure the availability of basic necessities and prime
commodities at reasonable prices at all times without denying legitimate
business a fair return of investment.
Salazar said Thursday there is a need to
reconstitute the LPMC in view of the changes in the composition of members to
properly address concerns that necessitated the creation of the Council.
Salazar, based on E.O., sits as the chairperson
of the LPMC with the Department of Trade and Industry (DTI) provincial director
as the vice-chairperson.
The members comprise of the regional directors
of the Department of Agriculture (DA), Department of Health (DOH), Department
of Environment and Natural Resources (DENR), National Economic Development
Authority (NEDA), Land Transportation Franchising and Regulatory Board (LTFRB),
City Prosecutor and representatives from the consumer’s, agriculture
producers’, manufacturing, retail and trading sectors.
Salazar said there is a need to protect
consumers against hoarding, profiteering and cartels of said goods especially
during occurrence of calamity, emergency and widespread illegal manipulation
and similar situations.
She said they will schedule
an inspection to check on the prices of prime commodities in this city. (PNA)
LAM/TPGJR/UTB
LAM/TPGJR/UTB
