President Marcos has ordered a three-month suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene to help ease the impact of rising fuel costs amid an energy crisis.
The order, issued through Executive Order No. 114, covers LPG and kerosene used for household purposes but excludes certain industrial and aviation uses.
The suspension was based on recommendations from the Development Budget Coordination Committee after global oil prices exceeded the threshold under Republic Act No. 12316.
Under the directive, tax rates will be reviewed monthly and may be adjusted or lifted depending on oil price trends and market conditions.
The government said the measure is expected to provide immediate savings for households and is part of broader efforts to cushion the impact of high fuel prices.
Source: PhilNews24 | April 18, 2026
Latest from News
The PNP, BJMP, and BFP have backed proposals to raise the compulsory retirement age of their
The Bureau of Immigration and the Civil Aviation Authority of the Philippines will deploy additional personnel
The Department of Public Works and Highways (DPWH) is accelerating the construction and repair of a
The Manila Police District announced that several roads, including Blumentritt Road, Dimasalang and Maceda Streets, and
The Department of Transportation (DOTr) said 100 local and international companies have expressed interest in investing
