MANILA, Philippines — Ferdinand R. Marcos Jr. on Wednesday led the UPLIFT Committee meeting, reinforcing the government’s comprehensive response to the impact of rising global oil prices while ensuring 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, who have been successfully repatriated amid ongoing global economic pressures. To maintain energy stability, the administration assured the public of a sufficient oil supply that can last up to 50 days, helping cushion the country from potential disruptions in the global market.
The government also sustained its support for the transport sector, with more than 977,000 public utility vehicle (PUV) drivers receiving assistance. Of these, around 373,000 have benefited from fuel subsidies aimed at easing 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 be expanded, while the rollout of ₱20-per-kilo rice is now available in 661 sites nationwide, providing 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 to safeguarding the welfare of Filipinos by addressing immediate economic challenges while laying the groundwork for long-term resilience.
