Gov’t to implement more measures vs. inflation

  • 📰 EdgeDavao
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The cash aid program and several fiscal measures are set for implementation to help address inflation rate in the country, Finance Secretary Benjamin Diokno said Tuesday. In a briefing in Malacanan…

The cash aid program and several fiscal measures are set for implementation to help address inflation rate in the country, Finance Secretary Benjamin Diokno said Tuesday.

Among the beneficiaries of the cash aid are farmers, fisherfolk, and those in the transport sector, he added. He said processes for importation, among others, will be streamlined and/or digitalized to fast-track the process and prevent supply issues. Diokno said the committee is a permanent one and is tasked to report to the President every month to help in decision making, such as on importation to boost supplies.

“This will allow farmers to focus now on their efforts to increase production rather than, iniisip pa nila paano ko babayaran itong lupa na ito ,” he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 23. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DOE to adjust work hours, limit aircon temperature to save energyThe Department of Energy will adjust its work hours and limit the temperature of air conditioning units in its office as part of the Energy Conservation Plan, Finance Secretary Benjamin Diokno said.
Source: CNN Philippines - 🏆 13. / 63 Read more »

NTM easing part of DOF tool kit for anti-inflation | Jasper Y. ArcalasTHE Finance department is pushing for further easing of various non-tariff measures (NTMs), such as fewer import permits, to facilitate easier entry of food supplies to temper the country’s accelerated inflation rate. Finance Secretary Benjamin E. Diokno on Tuesday disclosed that he presented to President Marcos Jr. the various short-term…
Source: BusinessMirror - 🏆 19. / 59 Read more »

Easing of sugar import rules to bring down inflation sought | Jasper Y. ArcalasThe Department of Finance (DOF) is pushing for the relaxation of import rules on imported sugar to ease the entry of imports to pull down elevated prices of the commodity. At a news briefing on Tuesday, Finance Secretary Benjamin E. Diokno disclosed that one of the short-term measures to address…
Source: BusinessMirror - 🏆 19. / 59 Read more »