Price freeze enforced in two drought-hit Oriental Mindoro towns

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Price freeze enforced in two drought-hit Oriental Mindoro towns
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The DTI has enforced a price freeze on essential commodities in two towns in Oriental Mindoro currently facing severe and prolonged drought.

The Department of Trade and Industry has enforced a price freeze on essential commodities in two towns in Oriental Mindoro currently facing severe and prolonged drought due to the El Niño phenomenon.In a statement released Monday, the DTI said the price freeze covers the municipalities of Bulalacao and Mansalay, which have earlier been declared under state of calamity due to the drought.The automatic price freeze took effect on February 26 in Bulalacao, and March 7 in Mansalay.

“In addition to these legal consequences, the DTI’s provincial monitoring and enforcement teams will intensify their efforts to monitor the pricing and availability of essential goods within the Department’s jurisdiction,” it said.“This measure is taken to ensure that businesses and establishments comply with the imposed price freeze,” it added.Just last week, the National Disaster Risk Reduction and Management Council estimated that El Niño has caused P1.

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