1.3k LGUs reactivate price council to monitor key commodities
Category : AGRI-NEWS | Sub Category : Farming Posted on 2025-05-18 08:57:09
PNA
MANILA – The Department of the Interior and Local Government (DILG) said 1,350 local government units (LGUs) have reactivated their Local Price Coordinating Councils (LPCCs) to help monitor the supply and prices of rice and other key commodities.
Field reports show 1,269 LGUs are now conducting regular market inspections, 230 have deputized village officials and non-government organizations to monitor price spikes, and 1,201 are coordinating with national agencies to address hoarding and unjustified price hikes.
The DILG issued the directive to the LGUs under Memorandum Circular 2025-044 in support of President Ferdinand R. Marcos Jr.’s goal of lowering rice prices nationwide, according to a news release Sunday.
The circular was also upon the recommendation of the National Price Coordinating Council and aligned with the Department of Agriculture’s "Bantay Presyo" (Price Watch).
The LPCC is chaired by the local chief executive and includes national agency representatives, private sector stakeholders and consumer groups.
The local council’s key functions include market inspection, price monitoring, and analysis of commodity price fluctuations.
Cashless transactionsThe DILG said LGUs must also adopt electronic payment and collection systems (EPCS) in line with President Marcos Jr.'s push for digital transformation in government.
In a separate circular, the DILG encouraged LGUs to implement EPCS for collecting local taxes, fees and other charges.
Digital payments improve transparency, efficiency and public convenience, thus aligning with the National Retail Payment System Framework and the Data Privacy Act, the DILG said.
Amid digitalization, the DILG clarified that LGUs must still accept cash and other traditional modes of payment to ensure accessibility for all.
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Date: Saturday | June 7, 2025 | 5:23:pm
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