Pres. Bongbong Marcos Speaks on Rallyists amid Soaring Oil Prices in PH
BONGBONG MARCOS – The Philippine President assured the protesters that the government will continue to support them amid the soaring oil prices in the Philippines.
Countless Filipinos are affected by the recent bigtime oil price increases in the Philippines. Malacañang previously stressed that Pres. Ferdinand Marcos Jr. and the government are not at fault over the series of oil price hikes in the country.
The Palace further stressed that Marcos Jr. started with the assistance for those who are in the transport sector amid the soaring oil prices in the country. Atty. Claire Castro asked for understanding and trust on the decisions of the government as the state is trying to balance the help towards the transport sector and the commuters.
Since the Middle East war erupted, two (2) bigtime oil price hikes were implemented and another price increase in the costs of diesel of gasoline is expected this week. Pres. Bongbong Marcos previously flew to New York for a two-day working visit and one of his agenda was to talk with an official of the United Nations over the war among the United States, Israel, and Iran.
U.S. Pres. Donald Trump previously issued a warning against Iran that they might be hit much harder if they will disrupt the global oil flow. However, Iran stressed that they will make their enemies regret the attack towards them.
Furthermore, Iran also warned the world to prepare for oil at $200 per barrel. Amid the soaring oil prices in the Philippines, Pres. Bongbong Marcos recently reassured the Filipinos of the government’s efforts to help them. His statement came amid the planned nationwide strike by the transport sector today.
“Hindi kayo maiiwanan. Hindi kayo pababayaan ng pamahalaan,” Marcos Jr. said.
Through a video posted on his social media account, Pres. Bongbong Marcos reiterated the ways of the government in helping the Filipinos such as the cash and fuel subsidies, and the discounts in the different public transportation including the lesser fare for students.
Based on the post, Pres. Bongbong Marcos also relayed that he recently visited a public market to check on the prices implemented on the basic goods and commodities sold to the public. The Chief Executive claimed that he did not spot any overpricing so far as the costs are based on the suggested retail prices of the products.
“Sa awa ng Diyos stable pa at walang masyadong pag-abuso. Walang nagbebenta ng higit sa suggested retail price. Patuloy tayong makikipag-ugnayan sa mga manufacturer ng basic commodities na critical sa panahon na ito,” the President said.
Marcos Jr. also told the public to wait for the possible implementation of the price cap on rice as the government is already looking into it. Based on the post, fuel subsidies will be extended to farmers and fishermen and there are already ongoing programs to help them.
“Sa bigas wala tayong problema, sapat ang supply at nako-control pa natin ang presyo,” Marcos Jr. expressed.
This week, another bigtime oil price hike is expected in the Philippines.