Task force to monitor prices of essentials

The task force will also formulate guidelines on price management.

It will monitor the prices of essentials, evaluate the demand and supply situation and take steps to keep the prices under control.

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Representatives from the ministries of finance, agriculture, home, fisheries and livestock, industry, shipping, communications, food, disaster management and commerce and the National Board of Revenue will be the members of the task force, said an official handout yesterday.

Chairman of TCB will act as its member-secretary.