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Advocates Philippines
Marcos To Rule On Fuel Tax Relief Soon
Photo credit: PCO
The Development Budget Coordination Committee (DBCC) is set to meet with President Ferdinand Marcos Jr. at Malacañang to present its recommendation on whether to suspend or reduce excise taxes on fuel products amid rising global oil prices.
The committee—composed of the Department of Finance, the Department of Budget and Management, the National Economic and Development Authority (NEDA), the Bangko Sentral ng Pilipinas, and the Office of the President—has reportedly completed its assessment of possible policy measures to address the impact of high fuel costs on the economy.
According to Palace Press Officer Claire Castro, the DBCC has already discussed potential actions, including adjustments to fuel excise taxes, following its recent meetings during the Holy Week break. She said the committee considered global oil price trends and their effects on consumers and businesses in preparing its recommendation.
Castro said the President may act swiftly once he determines that the proposal is appropriate and beneficial to the country.
Asked whether President Marcos will make a decision by April 7, Castro said:
“Malamang meron po kung makikita po niya na tama ang rekomendasyon. At kung naaayon at para sa bayan at para sa bansa natin, ito naman po ay mabilisang aaprubahan ng Pangulo.”
Malacañang said the President is awaiting the DBCC’s recommendation as part of the government’s evaluation of possible measures to ease the burden of high fuel prices.
The proposal is linked to discussions on the possible use of executive authority to adjust fuel excise taxes under existing laws. However, the legal basis for such action is primarily anchored on Tax Reform for Acceleration and Inclusion (TRAIN) Law, which governs fuel excise taxes in the Philippines—not the cited Republic Act No. 12316, which appears to be incorrect or misreferenced.
If approved, any adjustment to fuel taxes could provide relief to sectors heavily affected by fuel costs, such as transportation, agriculture, and logistics, but may also have implications for government revenue and budget planning.
The DBCC’s recommendation is expected to play a key role in shaping the President’s final decision on whether to implement immediate fuel tax relief measures.
The committee—composed of the Department of Finance, the Department of Budget and Management, the National Economic and Development Authority (NEDA), the Bangko Sentral ng Pilipinas, and the Office of the President—has reportedly completed its assessment of possible policy measures to address the impact of high fuel costs on the economy.
According to Palace Press Officer Claire Castro, the DBCC has already discussed potential actions, including adjustments to fuel excise taxes, following its recent meetings during the Holy Week break. She said the committee considered global oil price trends and their effects on consumers and businesses in preparing its recommendation.
Castro said the President may act swiftly once he determines that the proposal is appropriate and beneficial to the country.
Asked whether President Marcos will make a decision by April 7, Castro said:
“Malamang meron po kung makikita po niya na tama ang rekomendasyon. At kung naaayon at para sa bayan at para sa bansa natin, ito naman po ay mabilisang aaprubahan ng Pangulo.”
Malacañang said the President is awaiting the DBCC’s recommendation as part of the government’s evaluation of possible measures to ease the burden of high fuel prices.
The proposal is linked to discussions on the possible use of executive authority to adjust fuel excise taxes under existing laws. However, the legal basis for such action is primarily anchored on Tax Reform for Acceleration and Inclusion (TRAIN) Law, which governs fuel excise taxes in the Philippines—not the cited Republic Act No. 12316, which appears to be incorrect or misreferenced.
If approved, any adjustment to fuel taxes could provide relief to sectors heavily affected by fuel costs, such as transportation, agriculture, and logistics, but may also have implications for government revenue and budget planning.
The DBCC’s recommendation is expected to play a key role in shaping the President’s final decision on whether to implement immediate fuel tax relief measures.
Apr 6, 2026
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