Marcos: New cash aid for 7.5M poor households amid oil price hike

The Philippines government has announced an additional round of financial aid for 7.5 million low-income households as oil prices surge due to the ongoing conflict in the Middle East. President Ferdinand Marcos Jr. revealed this in a video statement, emphasizing the government's commitment to supporting Filipinos during tough economic times. This move is crucial as it aims to alleviate the financial burden on the poorest citizens, ensuring they can still afford basic needs amidst rising living costs. The initiative underscores the government's ongoing efforts to address economic challenges and support vulnerable populations.