MANILA, Philippines — Ferdinand R. Marcos Jr. led the UPLIFT Committee meeting on Wednesday. The meeting reinforced the government’s comprehensive response to the impact of rising global oil prices. It also ensured continued support for affected sectors.
During the meeting, officials reported that more than 24,000 overseas Filipino workers (OFWs) have already received government assistance. This includes over 4,000 individuals, along with their 1,300 dependents. The government successfully repatriated them amid ongoing global economic pressures.
To maintain energy stability, the administration assured the public of a sufficient oil supply. It can last up to 50 days. As a result, it helps cushion the country from potential disruptions in the global market.
The government also sustained its support for the transport sector. More than 977,000 public utility vehicle (PUV) drivers received assistance. Of these, around 373,000 benefited from fuel subsidies that ease the burden of rising fuel costs.
At the same time, efforts to strengthen food and energy security remain in full swing. Renewable energy projects continue to expand. Meanwhile, the ₱20-per-kilo rice rollout is now available in 661 sites nationwide. It provides relief to vulnerable communities.
Authorities also confirmed that there will be no price increase on basic necessities and prime commodities until May 10.
The UPLIFT Committee’s coordinated actions underscore the administration’s commitment. It safeguards the welfare of Filipinos by addressing immediate economic challenges. At the same time, it lays the groundwork for long-term resilience.
