US EditionHontiveros calls for P52.8-B supplemental budget due to looming oil crisis
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3 Articles
Hontiveros calls for P52.8-B supplemental budget due to looming oil crisis
Senate Deputy Majority Leader Risa Hontiveros on Monday called for the passage of a P52.8-billion supplemental budget in response to the impending increase in oil prices amid heightened tensions in the Middle East.
Senator Risa Hontiveros has called on the Senate to pass a supplemental budget to address the rising prices of petroleum products. According to Hontiveros, her office estimates that the emergency supplemental budget package needed to alleviate the impact of the ongoing war in the Middle East will reach P52.8 billion. Of the aforementioned supplemental budget, ₱12 billion is for transport subsidy, P2.8 billion for agricultural subsidy and P38 bil…
Guv supports emergency measures to cushion impact of rising oil prices
Negros Occidental Gov. Eugenio Jose Lacson said on Sunday, March 8, that he fully supports the initiative of President Ferdinand R. Marcos Jr. to seek emergency powers from Congress. These powers would allow the national government to reduce excise taxes on petroleum products should global oil prices surge due to the escalating crisis in the […]
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