Courtesy: House of Representatives
SPEAKER Faustino “Bojie” G. Dy III on Sunday evening cited the latest fuel price rollback announced by President Ferdinand “Bongbong” Marcos Jr. as a positive development, saying the reductions provide immediate relief to Filipinos and reinforce the need for coordinated government action to sustain lower costs across the economy.
Dy said the rollback—₱20.89 per liter for diesel, ₱4.43 for gasoline, and ₱8.50 for kerosene—will ease pressure on transport, agriculture, and logistics, creating an opportunity to temper inflation and reduce the cost of essential goods.
“Magandang balita ito para sa ating mga kababayan. The Executive is doing its part to cushion the impact of the Middle East crisis, and these rollbacks provide real and immediate relief. Our task now in the House is to make sure these gains are reinforced, sustained, and translated into lower costs for food, transport, and basic goods,” said Dy.
He emphasized that the ongoing Legislative Energy Action Development (LEAD) Joint Committee hearings are designed to complement executive actions by identifying policy tools that can help lock in the benefits of lower fuel prices, including the proposed KALINGA Act.
“Kailangan tuluy-tuloy ang aksyon. Kapag may mga positibong hakbang ang Executive, dapat masundan ito ng mga panukala na magpapatatag ng supply chains, magpapababa ng logistics costs, at magpoprotekta sa consumers. That is exactly what we are working on through the LEAD hearings and the proposed KALINGA bill,” the Speaker added.
Dy noted that fuel price movements directly affect food prices, making coordination between the Executive and Legislature critical to ensuring that the benefits reach households.
“Kapag bumaba ang presyo ng diesel, may pagkakataon tayong pababain ang gastos sa transportasyon ng pagkain. The KALINGA bill strengthens this by supporting logistics, stabilizing essential goods supply, and ensuring priority fuel allocation for food and distribution chains.”
The LEAD Joint Committee hearings bring together multiple House panels, economic managers, and key stakeholders to refine interventions on logistics stabilization, targeted assistance, energy supply security, and demand management, many of which are being consolidated under the proposed KALINGA framework.
“This is exactly the approach we need—tuluy-tuloy ang trabaho at sama-sama ang pagkilos. The Executive works to provide immediate relief, and the Legislature works through the LEAD hearings and the KALINGA bill to institutionalize solutions so the benefits last longer and reach more of our kababayan.”
