The government has cautioned about a higher inflation rate this year but assured measures have been taken to mitigate any consumer price shock.
Presidential Communications Secretary Martin Andanar made the statement after a Pulse Asia survey showed the government fared poorly in controlling inflation, one of the urgent national concerns.
“We expect inflation to even go higher in early 2017 because of the damage to rice fields due to the onslaught of typhoons “Karen,” “Lawin,” and “Nina,” Andanar said.
Andanar said the Department of Agriculture has prepared mitigating measures such as easy access to financing programs for farmers and fisherfolk; intensive technology updating and sharing, modernization, and mechanization program; strategic and effective post-harvest, storage, and processing facility, among others.
A Pulse Asia survey recently showed the government scored the highest approval rating for efforts in combating crime but scored low in curbing inflation or the increase in prices of goods and services.
In the survey, 44 percent of 1,200 respondents approved of the government’s initiatives in curbing inflation while some 20 percent disapproved. It attained a net approval rating of only +24.
Andanar explained the country recorded a higher inflation last December as the holiday season has driven up food prices. (Genalyn D. Kabiling)
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Thanks for discussing your ideas on this blog. Likewise, a fairy tale regarding the banking companies intentions when talking about property foreclosures is that the loan company will not take my payments. There is a fair bit of time which the bank is going to take payments from time to time. If you are as well deep in the hole, they are going to commonly require that you pay the particular payment entirely. However, that doesn’t mean that they will have any sort of installments at all. In the event you and the traditional bank can have the ability to work something out, a foreclosure practice may halt. However, if you continue to pass up payments within the new strategy, the property foreclosure process can just pick up where it was left off.
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この記事から学んだことは、非常に価値があります。感謝しています。