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Moreno convenes City Price Coordinating Council

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OSM swears in new members of the CdO City Price Coordinating Council June 30, 2014 at City Hall - Photo courtesy of Jomar Figuracion, CIO

 

Mayor Oscar S. Moreno has convened the City Price Coordinating Council and inducted the new members during the flag raising program last Monday, June 30, 2014.

As specified by Executive Order No. 089-2014, the CdO-CPCC will have the following functions: 1) Coordinate the production, distribution, and marketing programs of various agencies under the care of the City Government for the purpose of stabilizing price of prime and basic commodities at reasonable levels; 2) Investigate and recommend actions and steps to correct unwarranted price increases and supply shortages, including suspected price manipulation and control activities in the city. 3) Gather pieces of information from its members or other government agencies and offices, as it may deem necessary, for the purpose of assessing the supply, distribution, and price situation of any basic necessity or prime commodity. 4) Conduct in-depth analysis of causes of price fluctuations. 5) Publicize from time to time developments in productivity, supply, distribution and prices of basic necessities and prime commodities; and 6) Whenever automatic price control of basic necessities is imposed under Section 6 of Republic Act 7581 (Price Act of 1992), it shall cause the immediate dissemination of their prevailing prices or the price ceilings imposed in lieu thereof through means that will result in a wide dissemination.
The CdO-CPCC will be chaired by Mayor Moreno as chair, with Atty. Jose Edgardo Y. Uy as co-chair and DTI Misamis Oriental Provincial Director Ma. Eliza A. Pabillore as vice chair.

OSM swears in new members of the CdO City Price Coordinating Council June 30, 2014 at City Hall - Photo courtesy of Jomar Figuracion, CIO

Its members include the presidents of the Cagayan de Oro Groceries Association; Konsumanteng Kagay-anon, Inc.; Cagayan de Oro Press Club, Transport Federation of Cagayan de Oro; chair of the City Council Committee on Trade and Industry and the Heads of the Xavier University KKP-SIO, Social Action Center, Archdiocese of Cagayan de Oro; Agricultural Productivity Office; City Economic Enterprise Department; City Legal Office and the  Cagayan de Oro City Police Office Director.


The CEED shall provide secretariat support for the CdO-CPCC while the DTI Misamis Oriental Provincial Office shall provide administrative, technical and other support services, in addition to other agencies or offices that may be tapped by the CdO-CPCC or its chairman.

The CdO-CPCC was created by virtue of Section 1, Rule IV, Creation of the Local Price Coordinating Council, its Powers and Functions, of the Rules and Regulations Implementing RA 7581 (IRR) otherwise known as the “Price Act of 1992.”. 

Section 2, Rule VI of the same IRR provides that the chairman shall decide who among the representatives from the Dept. of Health, Agriculture, Environment and Natural Resources, Transportation and Communication, Justice, National Economic Development Authority, consumers, agricultural producers, trading, manufacturing and retail sectors  will sit as members of the council and appoint the sectoral representatives.

Memorandum Order No. 2004-75 of the Dept. of Interior and Local Government (DILG) strongly urges the Local Government Unit to activate their respective Price Coordinating Councils to monitor, convene and formulate policies and strategies to keep prices of basic consumer goods at reasonable levels.

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