The House leader earlier ordered the formation of the quinta-comm specifically to lead the investigation on the high cost of food items.
The House of Representatives, through the vaunted quinta-commiittee , won't hold treat anyone as sacred cows in its bid to stop the practice of price manipulation of basic goods.The House of Representatives, through the vaunted quinta-commiittee , won't hold treat anyone as sacred cows in its bid to stop the practice of price manipulation of basic goods.
“Wala tayong sasantuhin kung sino man yan ang nasa likod ng pagkontrol ng presyo ng bilihin…ating sasampahan ng price manipulation or smuggling,” the Leyte 1st district representative said. Led by its overall chairman Albay 2nd district Rep. Joey Salceda, the quinta-comm is also called the Murang Pagkain Super-committee.
"Looking at the month-on-month inflation rate, the prices of rice and corn are on the downtrend, owing to the easing of pressures in the grains world market. That said, prices should be going down at a faster rate, considering the President’s reduction of rice tariffs, and faster decline in world prices," noted the economist.
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