Amid health, economic crisis Nacaya calls for holding of economic forum, partnerships
“We should hold an economic forum. We should study and review the direction of the city government in aiding our people or those who will be strongly affected in this economic emergency.”
This was stressed by Councilor Ian Mark Q. Nacaya during the regular session Monday presided over by Vice Mayor Raineir Joaquin V. Uy, citing the need for the city to
partner with the executive, the Chamber of Commerce and other stakeholders.
With the rising prices of fuels coupled with the issues and regulations implemented by the national government, the country is indeed in a state of emergency not only in health but also in its economy, he cited.
To recover immediately after the pandemia, the national government even secured loans to supply and provide funding to agencies such as the Department of Labor and Employment (DOLE), Department of Social Welfare and Development (DSWD), and
other social development programs for assistance to our people and to the local government units, Nacaya said.
He added that it is expected that LGUs will be receiving a lower share of IRA and there will be low turnout of business renewals as a result of the pandemic.
Citing reports regarding the alleged hoarding of fuel by some gasoline stations, the councilor also requested the Department of Trade and Industry (DTI) and the Task Force on Price Control to monitor prices and hoarding activities.
The matter was referred to the committee on planning, innovation and development also chaired by Councilor Nacaya for appropriate action.