Fighting inflation foremost priority of the administration — Palace

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DAVAO CITY (September 27) — The government is doing its best to address the inflation, this was the assurance of the Palace on Thursday, September 27.

In a press briefing, Presidential Spokesperson Harry Roque, Jr. said that while the country currently faces many issues and challenges,  the government is also bent on mitigating the effects of inflation.

“The foremost priority of the administration is fighting inflation. So everything is sidelined now dahil hindi naman natin talaga inaasahan ‘yung pagtaas bigla ng presyo ng krudo at petrolyo ‘no,” he stressed, adding that the move towards charter change takes a backseat.

The assurance was issued in the midst of the recent oil price increase and the rising costs of basic commodities in the market, to include rise and vegetables.

Photo :Courtesy Bong Cajes

Roque underscored that the concern on high prices of goods and agricultural products remains to be a gut issue.

“Even the administration acknowledges na mas importanteng harapin ‘yung problema na malapit sa sikmura ng taumbayan,” Roque said.

To show the administration’s strong resolve to tame inflation, President Rodrigo Roa Duterte signed four issuances last Friday to resolve the spike in agricultural products.

Roque further said that the inflation only began when there was a sudden increase in the price of the oil.

“Pero in the long run umaasa po tayo na unang una ‘yung presyo ng langis ay hindi na po tataas. Pero kung tumaas man, inaasahan natin na at least ‘yung presyo ng mga pagkain mapapababa natin,” Roque said.

The concerned government agencies, like the Department of Agriculture, is doing its best to cushion the impact of inflation as it affects every Filipino.

Roque added, citing that there’s an initiative to import cheaper diesel and other oil products from non-OPEC countries.-NewsLine.ph

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