Recto: Oil crisis committee will sustain government efforts

Executive Secretary Ralph Recto said the oil crisis committee ordered by President Marcos 'does not start, but sustains and strengthens' mitigation measures to protect sectors affected by the Middle East crisis. Recto emphasized it builds on existing efforts amid elevated fuel prices. Senators urged the government to officially acknowledge the oil crisis.

MANILA, Philippines — Executive Secretary Ralph Recto stated that the interagency crisis committee, to be formed by presidential order, institutes a 'division of labor' among agencies to better manage the Middle East crisis impacts, including elevated fuel prices from destroyed oil facilities. 'Even if the war will end tomorrow... normalization will not instantaneously follow. The damage has to be repaired,' Recto said, noting the government is allocating 'tens of billions of pesos' in aid for vulnerable groups. Presidential Communications Undersecretary Claire Castro announced on Monday that the committee is 'being finalized.' At a Senate hearing, Sen. Loren Legarda urged the Marcos administration to acknowledge the 'oil crisis,' warning, 'If we do not admit that there’s a crisis... the agencies will not act with urgency.' She rebuked the Department of Energy for citing the chamber's legislative break as cause for delayed PNOC funding approval and criticized DOE Secretary Sharon Garin's initial absence, though Garin arrived later. Bayan president Renato Reyes called the denial 'an utter lack of urgency and gross detachment from reality,' while ACT chairperson Ruby Bernardo highlighted the burden on average citizens. — Neil Jayson Servallos, Emmanuel Tupas, Bella Cariaso

Makala yanayohusiana

President Marcos Jr. announcing PUV aid, fuel subsidies, and barangay support to counter Middle East crisis impacts on fuel prices and livelihoods.
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Marcos approves PUV aid, fuel subsidy and P8-billion barangay support amid Middle East crisis

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President Ferdinand Marcos Jr. has approved a service contracting program for public utility vehicles, a P10-per-liter fuel subsidy starting April 15, and the release of P8 billion in assistance for over 42,000 barangays nationwide to cushion impacts from the Middle East crisis such as higher fuel prices, a weaker peso, and threats to livelihoods, Malacañang said Thursday. PUV drivers will receive additional income of P40 to P100 per kilometer, while commuters get at least 20% fare discounts on routes linked to trains and major bus lines.

Malacañang has acknowledged the efforts of local government units and the private sector to mitigate the effects of the Middle East crisis, particularly on vulnerable groups. Executive Secretary Ralph Recto highlighted initiatives like boosting fuel supplies and providing free transportation. He described these as a synergy ensuring the nation's energy security amid external pressures.

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President Ferdinand Marcos has directed all government agencies to strictly implement cuts in power and fuel use amid rising oil prices from the Middle East conflict. Executive Secretary Ralph Recto emphasized that compliance is mandatory across the bureaucracy. Inspections have already covered over 1,000 offices.

The Department of Budget and Management has identified P238 billion in funding to support the government's response to the ongoing global oil crisis, under President Marcos's directive. DBM Secretary Rolando Toledo shared this during a House committee on ways and means hearing on April 8. It comes alongside a mandated 20 percent cut in non-essential government spending.

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President Ferdinand Marcos Jr. said on Friday that the Philippines has sufficient crude oil supply until the end of June, thanks to shipments by Petron Corporation. The assurance comes amid concerns over global supply disruptions from the Middle East conflict. He outlined government measures to mitigate the impact.

Rais William Ruto ametoa taarifa kuhusu hatua za serikali kukabiliana na athari za vita vya Mashariki ya Kati vinavyoathiri usambazaji wa mafuta. Amesisitiza mpango wa kununua mafuta serikali kwa serikali unaozuia ongezeko la bei, na kutosha kwa mbolea hadi Septemba. Pia amebainisha maendeleo chanya katika sekta ya chai na bandari.

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President Ferdinand Marcos Jr. assured that government programs will not be disrupted by the war in the Middle East. In a vlog posted yesterday on his YouTube and social media, he said services for the sick, students, and others will continue. He also highlighted housing projects amid the challenges.

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