(File photo) MANILA - The petitions for fare hike filed by the public utility jeepney drivers and operators amid the soaring fuel prices is now being deliberated, Malacanang said Monday. Cabinet Secretary Karlo Nograles, also acting presidential spokesperson, said a series of hearings will be conducted on the petitions filed in the Land Transportation Franchising and Regulatory Board (LTFRB). "May mekanismo naman po tayo tungkol diyan, in that-kung magkakaroon ba ng ganiyang mga options (We already have mechanisms on that, if we will have that kind of options), it will have to begin with the recommendation from the Department of Finance," Nograles said in a press briefing. Nograles said the series of consultations, dialogues, and results of the ongoing studies of the Development Budget Coordination Committee (DBCC), will be the basis of the recommendation, which will soon be presented to President Rodrigo Roa Duterte. "Let's take it from there, so iyan po iyong prose
Malacañang said that the proposed suspension of the excise tax to address the rising price of oil in the country cannot just be implemented unless recommended by the Department of Finance (DOF) and the Development Budget Coordination Committee (DBCC).
(File photo) Cabinet Secretary Karlo Nograle
The Department of Agriculture emphasized the need to boost local food production amid the ongoing conflict between Russia and Ukraine as this will lead to higher global food prices.