MANILA – President Ferdinand R. Marcos Jr. remained actively engaged in governance this week, rolling out a series of economic relief measures and policy actions even as false claims about his health circulated online.
The administration implemented a mix of fiscal and supply-side interventions aimed at cushioning Filipinos from rising global fuel prices and stabilizing food supply.
On April 16, Marcos signed Executive Order No. 114, temporarily suspending excise taxes on liquefied petroleum gas (LPG) and kerosene for three months. The move was triggered by sustained high global oil prices, as certified by the Department of Energy, under provisions of Republic Act No. 12316.
The tax break is expected to lower LPG prices by around ₱3.36 per kilogram, or roughly ₱37 per tank, and cut kerosene prices by ₱5.60 per liter. The policy will be reviewed monthly depending on global market conditions.
Despite this, Marcos opted to retain the value-added tax (VAT) on petroleum products, citing its importance in funding government assistance programs. He explained that removing VAT would limit resources used for broader subsidies.
To further cushion the transport sector, the government has begun distributing fuel subsidies worth ₱10 per liter and continues to implement service contracting and fare discount programs.
Food security measures intensified
The President also ordered tariff reductions on selected imported food items, while ensuring safeguards for local farmers. Additional steps include lowering port and logistics costs to ease pressure on food prices and improve distribution efficiency.
In a bid to support consumers directly, Marcos led the rollout of the “Biyayang Bigas” program in Manila, with plans to expand it nationwide through partnerships with local governments.
He also visited the Benguet Agri-Pinoy Trading Center to assess the impact of high fuel costs on vegetable supply. Measures such as diesel discounts, fee waivers, and toll relief for cargo trucks have been introduced to stabilize supply chains.
Support for returning OFWs
On April 15, Marcos launched a reintegration program for overseas Filipino workers (OFWs) in Tacloban City, assisting more than 5,000 returnees affected by tensions in the Middle East. The initiative consolidates employment, livelihood, and social support services.
Anti-corruption and diplomatic efforts
The President also confirmed the arrest of fugitive former lawmaker Zaldy Co, who faces graft and malversation charges linked to flood control projects. Coordination with Czech authorities is ongoing for his return to the Philippines.
On the diplomatic front, Marcos met with Omani Ambassador Nasser bin Said bin Abdullah Al Manwari and received credentials from several non-resident envoys, reinforcing the country’s international ties.
Health rumors debunked
Addressing speculation about his condition, Marcos assured the public he is in good health. He even performed light exercises before reporters and lifted a sack of rice during a public event to demonstrate his fitness.
Meanwhile, the Presidential Communications Office has initiated legal action against individuals allegedly spreading false information about the President’s health as part of a broader anti-disinformation campaign.
ia/xf
