Camille Naredo

President Ferdinand Marcos Jr. delivers a speech at the 70th Session of the UN Commission on the Status of Women at the UN Headquarters, New York , USA on March 9, 2026.

President Ferdinand Marcos Jr. delivers a speech at the 70th Session of the UN Commission on the Status of Women at the UN Headquarters, New York , USA on March 9, 2026.   Bongbong Marcos Facebook Page

Article (news)

MARCOS

Jervis Manahan

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px;display:block" width="960"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/177366124436720260311-marcos-un-meeting-status-of-women-PBBM5.jpg" style="width:960px" class="fr-fic fr-dib" alt="President Ferdinand Marcos Jr. delivers a speech at the 70th Session of the UN Commission on the Status of Women at the UN Headquarters, New York , USA on March 9, 2026. Handout/Bongbong Marcos Facebook Page" width="960"/><span class="fr-inner" style="text-align:left">President Ferdinand Marcos Jr. delivers a speech at the 70th Session of the UN Commission on the Status of Women at the UN Headquarters, New York , USA on March 9, 2026. <em>Handout/Bongbong Marcos Facebook Page</em></span></span></span></div><p>MANILA -- President Ferdinand Marcos Jr. on Monday announced the distribution of more cash subsidies to farmers and fisherfolk to ensure adequate food supply in the country.</p><p>This is in light of the Middle East conflict that triggered a huge spike on oil prices.</p><p>&quot;Ipagpapatuloy ng Department of Agriculture ang pamimigay ng P3000 na fuel subsidy sa mga magsasaka,&quot; Marcos said in a video statement.</p><p>&quot;Mahigit dalawamput anim na libong magsasaka ang mabibigyan nito,&quot; he said.</p><div><a class="fr-green fr-strong" href="https://www.abs-cbn.com/news/business/2026/3/16/peso-depreciates-to-new-record-low-again-1622">READ: Peso depreciates to new record low again, falls closer to 60 vs dollar</a></div><div><a class="fr-green fr-strong" href="https://www.abs-cbn.com/news/business/2026/3/16/oil-rises-further-above-100-most-asian-stocks-fall-as-iran-war-rages-1844">READ: Oil rises further above $100, most Asian stocks fall as Iran war rages</a></div><p>This follows the announcement of fuel subsidy and <a class="fr-green fr-strong" href="https://www.abs-cbn.com/news/nation/2026/3/16/dswd-rollout-of-financial-aid-for-ncr-tricycle-drivers-starts-at-6am-1659">cash aids to tricycle drivers</a> which is scheduled to commence on Tuesday, March 17.</p><p>&quot;Para naman sa mangingisda, ang BFAR ay magbibigay sa Huwebes, March 19 ng P3,000 na fuel subsidy sa mahigit 26,000 na mangingisda,&quot; Marcos said.</p><p>On top of this, the Department of Agriculture will also distribute P2,000 Presidential Assistance to Farmers and Fisherfolk Program this April.</p><p>&quot;Magagamit po ito ng magsasaka sa kanilang hanapbuhay,&quot; Marcos said.</p><p>Marcos also said the local government support fund may also be used to purchase rice from farmers to be given to local communities.</p><p>He appealed to local government units to  ensure there will be no pass through fees that will be collected.</p><div><br/></div><div><strong>TRANSPORTATION</strong></div><p>Marcos also laid down policy adjustments in transportation.</p><p>&quot;Babawasan ng CAAP ang singil sa passenger service charge, landing fee, parking fee, at iba pang fee,&quot; he said.</p><p>&quot;Ito ay makakatulong para bumaba ang gastos ng mga airline at ang mga pamasahe sa eroplano,&quot; Marcos added.</p><div><a class="fr-green fr-strong" href="https://www.abs-cbn.com/news/nation/2026/3/16/house-oks-on-final-reading-bill-for-emergency-powers-on-fuel-excise-tax-1831">READ: House OKs on final reading bill for emergency powers on fuel excise tax</a></div><p>The Civil Aeronautics Board is also shortening the review period for fuel surcharge which will enable quicker adjustments to jet fuel, which influences plane fares.</p><p>Marcos also directed government agencies to review policies on permits and other transactions to see which ones can be suspended to help the public.</p><div><br/></div><div><strong>APPEAL TO PUBLIC</strong></div><p>Marcos appealed to the public to help each other in this unprecedented time of crisis.</p><p>&quot;Ngayon, higit kailanman, kailangan natin ang pagtutulungan ng bawat isa. Walang iwanan, walang maiiwan sa pagharap natin sa hamong ito,&quot; the President said.</p><p>&quot;Asahan nyo ang patuloy naming paggawa ng hakbang upang maibsan ang mabigat na epekto ng kaganapan sa Gitnang Silangan sa taumbayan,&quot; he said.</p><p>&quot;Nawa&#x27;y manatili ang tiwala sa isa&#x27;t isa at ang pananampalataya na malampasan ang mga pagsubok,&quot; he ended.</p><div><br/></div><div></div>

<p>President Ferdinand Marcos Jr. on Monday announced the distribution of more cash subsidies to farmers and fisherfolk to ensure adequate food supply in the country.</p>

President Ferdinand Marcos Jr. on Monday announced the distribution of more cash subsidies to farmers and fisherfolk to ensure adequate food supply in the country.

Marcos announces more subsidies, policy adjustments to help public cope with effects of Middle East conflict

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Marcos announces more subsidies, policy adjustments to help public cope with effects of Middle East conflict

Jervis Manahan,

ABS-CBN News

Published March 16, 2026 07:46 PM PHT

|

Updated March 16, 2026 08:13 PM PHT

Read More:

conflict

Middle East

war

Ferdinand Marcos Jr.

policy

oil prices

financial aid

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