BMC monopoly nears end as Cabinet approves meat regulator
Friday, September 16, 2022 | 1470 Views |
Under pressure: The BMC’s finances have been strained for years and the situation appears likely to worsen
The greenlight from Monday’s Cabinet meeting suggests that legislation for MIRA could come before Parliament’s November sitting, a schedule that is in line with announcements made in June by the Ministry of Agriculture.
BusinessWeek is informed that MIRA’s approval came during a marathon sitting of Cabinet on Monday where several other key memos were passed by ministers.
According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...