The Department of Trade and Industry (DTI) on Wednesday said it is still finalizing updates to the suggested retail price (SRP) of basic necessities and price commodities (BNPCs), adding that it does not want this to coincide with the ongoing increases of other products.
According to Trade Undersecretary Ruth Castelo, the agency is still studying the proper timeline for the release of the updated SRP, which was last modified in August 2022.
“‘Yung figures po, meron kaming natitirang validation dahil ang requests po panay rin ang dating sa atin, so meron na lang po kaming mga tinatapos na mahalagang figures din para masigurado natin talaga ‘yung computation, so wala pa po tayong date kung kailan natin siya ilalabas,” she added. For the figures, we have validation left because requests continue to come in, so we are still finishing important figures to to be sure of the computation, so we do not have a date yet when we are going to release it.
Pascual is part of the Philippine delegation to the World Economic Forum in Davos, Switzerland, led by President Ferdinand “Bongbong” Marcos Jr. who also serves as Agriculture Secretary.
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