In a statement released by Bangsamoro Information Office, MTIT Minister Abuamri Taddik said the call is being made after BARMM Chief Minister Ahod Ebrahim issued Proclamation No. 4 series of 2022 on October 29, declaring the Bangsamoro region under a state of calamity due to the devastation and damages of Tropical Storm Paeng.
"We appeal to the business sector to adhere to the price freeze of basic commodities and help us in ensuring that supplies of food in the market is enough," Taddik said.
He said under Republic Act No. 7581 or Price Act, a price freeze shall be imposed on basic necessities in areas under a state of calamity for 60 days.
“Establishments that violate the law [price freeze] could face an administrative case. There is a penalty of fine and imprisonment for those who go against the law,” Taddik said.
Violators could face a prison term of one to 10 years or fines ranging from P5,000 to P1 million or both.
MTIT also urged its provincial directors to coordinate with Local Government Units (LGUs) and Local Price Coordinating Councils (LPCCs) and a submit weekly monitoring reports to the regional office.
Among the basic necessity products to be monitored by the MTIT are canned fish, locally manufactured instant noodles, bottled water, bread, processed milk, coffee, candles, laundry soap, detergent, and salt.
"Your support and assistance in these emergencies are much needed by the people, especially those in the communities in the Bangsamoro region hit by Tropical Storm Paeng," Taddik added.
The price freeze shall automatically be lifted on December 26, unless sooner lifted by the Chief Minister.
Photo: Bangsamoro Information Office