Ferdinand Marcos Jr. has signed Executive Order No. 116, increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons to help ease supply shortages and stabilize prices amid the lingering impact of African Swine Fever.
Under the order, the MAV Management Committee (MMC) was directed to allocate 30,000 metric tons for meat processors and 120,000 metric tons for the Food Terminal Inc. and the KADIWA ng Pangulo Program.
The EO also instructs the MMC to draft and issue implementing guidelines within 30 days from the order’s effectivity. The committee was further tasked to ensure that allocations for FTI and KADIWA are efficiently utilized to augment domestic pork supply, stabilize market prices, and protect consumer welfare.
The measure takes effect immediately upon publication in the Official Gazette or in a newspaper of general circulation.
The increase in pork import allocation comes as the government moves to cushion the economy from rising global oil prices triggered by the recent US-Israel attack on Iran.
The national energy emergency declaration aims to safeguard economic stability and curb price spikes in essential commodities, with the Department of Agriculture ordered to maintain sufficient food supply at the lowest possible cost.
