
WATCH | Power rate hike worries Marcos
His administration is doing everything possible to keep fuel prices from rising further in time for the Christmas season, President Ferdinand Marcos Jr. said.
His administration is doing everything possible to keep fuel prices from rising further in time for the Christmas season, President Ferdinand Marcos Jr. said.
The government will soon announce “specific” plans and programs to address the rising fuel prices, Malacañang said.
President Rodrigo Duterte is “open” to declaring a state of economic emergency amid rising fuel prices, according to Malacañang.
Malacañang has called on Congress to review the Oil Deregulation Law amid the constant increases in fuel prices and the military escalation in Ukraine.
Senator Bong Go on Sunday issued a statement expressing alarm over the spike in fuel prices around the world, saying this was causing financial distress during the pandemic.