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Marcos admin expands toll, port fee waivers

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Marcos admin expands toll, port fee waivers MANILA, Philippines — The Marcos administration has lowered port and toll fees as part of its efforts to mitigate the impact of oil price shocks caused by the Middle East conflict, Malacañang announced yesterday. Executive Secretary Ralph Recto called on national agencies and local governments to help truckers of farm produce take advantage of the toll a...
The Marcos administration's decision to reduce port and toll fees is a targeted response to the economic strain caused by rising oil prices, a consequence of the Middle East conflict. The measures are designed to alleviate the financial burden on truckers and ship operators, who play a critical role in the food supply chain. By lowering operational costs, the administration aims to stabilize or even reduce food prices, which have been affected by increased transport expenses. The Department of A...