Marcos OKs P20-B emergency fund to secure fuel amid global oil crisis

2026-03-25 - 05:10

MANILA, Philippines — President Ferdinand Marcos Jr. has directed the release of a P20 billion emergency fund to secure the country’s fuel supply amid the global oil crisis, the Department of Budget and Management (DBM) said on Wednesday. The funds will be released through a Special Allotment Release Order and a Notice of Cash Allocation to