'If the situation changes, the government must have that flexibility to re-examine its tools,' Socioeconomic Planning Secretary Arsenio Balisacan told reporters on Monday.'If the tools have already become quite dull for a particular event, then you have to, be able to, to change those tools,' he added. Socioeconomic Planning Secretary Arsenio Balisacan.
The reduced rice tariffs will take effect next week after the June 20 publication of EO 62, while the rest of the approved revisions become enforceable in 30 days.The changes, which were approved earlier this month by the NEDA Board chaired by Marcos, have been described as a 'strategic' move that will ensure access to and affordability of essential goods and, at the same time, balance the interests of consumers and domestic producers.
'Gov't Must Have Flexibility To Re-Examine Tools'
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