Marcos raises minimum access volume for pork meat

MANILA, Philippines — President Ferdinand Marcos issued Executive Order (EO) 116 increasing the minimum access volume (MAV) for pork meat to address the existing supply gap, ensure adequate and affordable food for consumers, and mitigate inflationary pressures. Marcos, through Executive Secretary Ralph Recto, signed EO 116 on May 19, raising pork import access from 54,210 metric tons (MT) to 204,210 MT. Under the EO, the MAV Management Committee (MMC) is directed to ensure that the allocation of the volume importation is fair and open to all qualified importers. The MMC has recommended the increase in the MAV for pork by 150,000 MT annually for a period of two years "to address prevailing supply constraints and price pressures, in order to ensure the continued availability and affordability of pork and processed meat products and mitigate further inflationary pressures on basic commodities."

Go to News Site