Malacañang officials, led by Executive Secretary Ralph Recto, met with business and oil industry leaders to discuss measures addressing the national energy emergency and rising fuel prices.
They pledged to cut bureaucratic red tape, expedite logistics, and clear port congestion to ease the impact on goods transport and costs.
Recto noted that the country’s fuel stockpile could last 50 days and emphasized ongoing “oil diplomacy” to maintain and build reserves.
Business leaders highlighted that diesel accounts for 70% of transport costs, with delays translating into higher consumer prices.
Proposals, including faster online government transactions, have been referred to as Office of the President directives to relevant agencies for immediate action.
Source: PhilNews24 | April 9, 2026
RECTO PLEDGES TO CUT RED TAPE, SPEED UP LOGISTICS AMID FUEL CRISIS
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