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Palace says Marcos may declare state of emergency only if needed

President Marcos may invoke emergency powers to suspend fuel excise tax and provide subsidies if price exploitation worsens amid global oil shocks.

Summary by Inquirer
MANILA, Philippines — President Ferdinand Marcos Jr. may declare a state of emergency to address energy issues and price shocks, but only if the situation worsens, according to Malacañang. In an interview on dzMM on Wednesday, Palace press officer Claire Castro said such was “possible,” but noted that the matter had not yet been discussed by members of the Cabinet. “The President may declare a state of national emergency if the right situation c…

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The Manila Times broke the news in Manila, Philippines (the) on Wednesday, March 18, 2026.
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