Diokno says Marcos’ rice price cap would manage market pressures
MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr.’s price cap on rice would effectively manage the upward pressures in the market due to non-competitive practices, Finance Secretary Benjamin Diokno said on Monday. Diokno, in a statement said that price caps, such as the President’s Executive Order No. 39, will be effective in short-term spans if
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