Price freeze in place
Gov. Arnold I. Palacios has declared a price freeze in the CNMI, as the Commonwealth prepares for a typhoon.
This comes soon after the federal issuance of a Declaration of State of Significant Emergency for the CNMI on Oct. 8, 2023.
The price freeze, issued pursuant to the Commonwealth Disaster Price Freeze Act, codified at 4 CMC §§ 5141-5144, iapplies to the following:
1. Gasoline, kerosene, diesel fuel, natural gas, and all other chemical fuels, whether in gaseous, liquid, or solid form;
2. All foods and foodstuffs, including water, bottled water, beverages, and ice; 3. All clothing; 4. Flashlights, lamps, lanterns, candles, light bulbs, and other means of illumination;
5. Generators, cables, wires, electrical batteries of every sort, and similar equipment for the generation and/or transmission of electrical power;
6. All appliances used in the storage and/or preparation of food, including, but not limited to stoves,
barbecue grilles, ovens, refrigerators, and coolers;
7. Tools typically used for construction, ground clearing, or home repairs, whether electrically powered, chemically powered, or manual, including but not limited to, saws, machetes, hammers, drills, shovels, rakes, and brooms.
8. All bedding items, including pillows, futons, and blankets.
In addition, housing rentals, including apartments and condos, shall not be increased.
This price freeze shall last until rescinded, or until the declarations of emergency or disaster are terminated. (PR)
Price freeze
