Live Breaking News & Updates on Specially The Public Utility Drivers Cabinet 39s Economic Development Cluster Is Proposing To Increase Fuel Subsidy For Transport From Php2 5 Billion Php5 And Budget Discount Vouchers Farmers Fisherfolk Php500 Million Php1 1 Quot Bukod Sa Corruption Issue

Partido Reporma standard-bearer Senator Panfilo "Ping" Lacson (File photo) MANILA - Partido Reporma standard-bearer Senator Panfilo "Ping" Lacson on Wednesday said he is willing to attend a special session of Congress if called by President Rodrigo Duterte to discuss the possible declaration of a state of economic emergency amid the unabated spike in oil prices. "It is okay with me so that the government will have the needed flexibility to deal with this scourge of fuel price hikes," Lacson told reporters when sought for comment. This came amid mounting calls for lawmakers to hold a special session on the matter as soaring fuel prices continue to take a toll on the local economy and consumer spending. Meanwhile, Lacson said there should absolutely be no room for corruption or administrative lapses in the distribution of fuel subsidies to sectors affected by the continued rise in oil prices. He added authorities should learn from the past where aid from the ....

Quezon City , Partido Reporma , Rodrigo Duterte , Joey Salceda , Rodrigor Duterte , Commission On Audit , Senator Panfilo , President Rodrigo Duterte , One Act , Appropriations Act , President Rodrigo , Partido Reporma Standard Bearer Senator Panfilo Quot Ping Lacson File Photo Manila On Wednesday Said He Is Willing To Attenda Special Session Of Congress If Called By President Rodrigo Duterte Discuss The Possible Declaration Ofa State Economic Emergency Amid Unabated Spike In Oil Prices It Okay With Me So That Government Will Have Needed Flexibility Deal This Scourge Fuel Price Hikes , Uot Lacson Told Reporters When Sought For Comment This Came Amid Mounting Calls Lawmakers To Holda Special Session On The Matter As Soaring Fuel Prices Continue Takea Toll Local Economy And Consumer Spending Meanwhile , Acson Said There Should Absolutely Be No Room For Corruption Or Administrative Lapses In The Distribution Of Fuel Subsidies To Sectors Affected By Continued Rise Oil Prices He Added Authorities Learn From Past Where Aid Quot Bayanihan Funds Failed Reach Their Intended Beneficiaries , Specially The Public Utility Drivers Cabinet 39s Economic Development Cluster Is Proposing To Increase Fuel Subsidy For Transport From Php2 5 Billion Php5 And Budget Discount Vouchers Farmers Fisherfolk Php500 Million Php1 1 Quot Bukod Sa Corruption Issue , Ay Administrative Issue Ng Pag Distribute Baka Mamaya Sabihin Natin , Atay Na Ang Kabayo Bago Dumating Ayuda Aside From The Issue Of Possible Corruption , Here Is The Administrative Issue Of Distributing Funds We Cannot Afforda Case Aid Coming Too Late , Uot Lacson Added He Recalled That While Congress Passed The Bayanihan To Recover As One Act 2 Help Transport Sector Cope With Effects Of Pandemic , He Commission On Audit Later Found That Only 1 Percent Of The Fund Reached Intended Recipients Otherwise , Acson Said Doubling Fuel Subsidies For The Transport Sector And Discount Vouchers Agriculture To Help Them Cope With Spiraling Prices Of Oil Is Right Thing Do Quot Due In World Market , Oubling The Fuel Subsidies And Vouchers Is Right Thing To Do As Allowed Undera Special Provision In 2022 General Appropriations Act Order Contain Inflation Which Projected Hit 3 7 Percent , Uot He Said On Tuesday , He Palace Said It Is Still Reviewing Calls For President Rodrigor Duterte To Declarea State Of Economic Emergency Amid An Increase In Prices Petroleum Products Brought About By The Russia Ukraine Conflict This , Fter Albay Rep Joey Salceda Urged Duterte To Declarea State Of Economic Emergency , Oting This Would Enable Local Government Units To Tap Their Calamity Funds Address Fuel Price Surges Pna ,