Recto: Oil crisis committee will sustain government efforts
MANILA, Philippines — The crisis committee President Marcos ordered created “does not start, but sustains and strengthens” the multiple mitigation measures to cushion the impact of the ongoing crisis in the Middle East on vulnerable sectors, Executive Secretary Ralph Recto said yesterday.
Recto did not provide specific details about the c...
The creation of the crisis committee represents an acknowledgement that the ongoing conflict in the Middle East may have long-term consequences, particularly on global oil and gas supply. Senators criticize the government for downplaying the severity of the situation and call for more urgent action to provide relief to vulnerable groups. The formation of the committee may be a response to these criticisms, but it remains to be seen how effective it will be in addressing the crisis.
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