Ms. Ronadale Zapata
that government to monitor prices closely
NOLI CHECKS INITIAL EVAT EFFECT ON MARKET PRICES
02 November 2005
PRICES of basic goods and commodities remained stable as the government led by Vice President
Noli ‘Kabayan’ De Castro
resumed monitoring prices with a surprise visit at the Kamuning market in Quezon
vegetables, the prices of basic commodities like pork, beef, chicken, fish and even
canned goods did not increase,
according to De Castro.
Castro added that the increase in the prices of vegetables was only minimal. He
attributed the price increase
to shortage of vegetable supply.
who was accompanied by Trade and Industry Secretary Peter Favila and Agriculture
undersecretary Doy Salacup,
was particularly happy on the stable prices of canned goods.
NOLI AT KAMUNING MARKET. Vice President Noli “Kabayan” De
Castro checks the initial Expanded-VAT effect on market prices.
De Castro, in his surprise market visit at the Kamuning market in
Quezon City, yesterday, advised the consumers to be aware of the
current prices of basic goods and commodities and avoid patronizing
stores that are known to be overpricing products. Together with the Vice President
were Trade and Industry Secretary Peter Favila (left), DTI Usec.
Zenaida Maglaya (second from right) and Dept. of Agriculture Usec. Doy
Salicup ( not in photo). (OVP PHOTO by Egay Montana) 11/02/05
“Ako ay lubos
na natutuwa sa presyo ng ating mga de lata dahil hindi tumaas ang mga ito kahit
na sila ay covered ng EVAT,”
said the least the government can do is to prevent unscrupulous traders from
imposing too much increase in
prices by conducting more surprise market visits.
dahil sa ginagawa naming ito ay nabubulabog namin ang mga sinuman na nagtatangkang
mang-abuso sa presyo ng mga
bilihin,” he said.
imminent price increases, De Castro said, the least businessmen can do to help
consumers is to ensure the
quality of their products.
tataas ang presyo ng mga bilihin at ang tanging maitutulong ng ating mga
negosyante ay mapanatili na
lamang ang kalidad ng kanilang mga produkto para sa ating mga mamimili,” he
advised the buying public to be aware of the current prices of basic goods and
commodities and avoid
patronizing stores that are known to be overpricing products.
ko rin ng pansin ang mga market
administrators na kanilang pangalagaan ang kanilang mga palengke ng sa gayun ay mabigyan
proteksyon ang mga mamimili,’
said the market visit was part of the government’s effort to curb unnecessary
price increases that might
result due to the implementation
of the Expanded VAT the other day.
why we’re doing this is that we want to know if there are people who are taking
advantage of the EVAT
implementation. ” De Castro said.
The Vice-President was delighted to learn that aside from the stable prices, the Kamuning
market vendors were also
following the price tag as shown by the price lists found in their stalls. He
also lauded the vendors for
using correct weighing scales.
Office of the Vice President (OVP)
Management Information Services
Division (MISD). All rights reserved.