Malacañang assured Filipinos that the government will take every action "within the bounds of the law" to cushion impacts caused by the ongoing crisis in the Middle East. "Ang gobyerno po, lahat ng puwedeng gawin within the bounds of law ay gagawin po (The government will do everything it can...
President Marcos has signed the law giving him emergency powers to suspend or reduce excise tax on petroleum products. Marcos signed Republic Act (RA) No. 12316 on Wednesday, March 25, fulfilling what he said earlier in the day that he would be signing the measure into law within the day. Under...
Malacañang said President Marcos has yet to receive the emergency powers bill allowing the suspension or reduction of excise taxes on fuel, but assured the public that he will sign it immediately once it reaches his desk. In her press briefing on Monday, March 23, Presidential Communications...
President Marcos has certified as urgent a bill authorizing the president to suspend or reduce excise taxes on petroleum products during national or global economic emergencies. In a letter dated March 12 addressed to House Speaker Faustino Dy III, Marcos said the immediate enactment of House Bill...
President Marcos said he would certify as urgent a proposed emergency powers bill aimed at enabling the government to respond quickly to spikes in global oil prices brought about by the tension in the Middle East. Speaking to reporters in New York on Tuesday, March 10 (New York time), the President...
Malacañang will formally ask Congress to grant President Marcos emergency powers to reduce fuel excise taxes as part of the government’s response to rising fuel prices amid tensions in the Middle East. “Yes,” Presidential Communications Office (PCO) Undersecretary Claire Castro told...
Senator Sherwin Gatchalian on Sunday thumbed down proposals for an emergency power for government to address an energy crisis being experienced in Luzon this summer, saying this could only become a source of corruption. “Ako hindi ko susuportahan ang emergency powers. Dahil ang emergency powers...