Isko Moreno’s 50% fuel tax cut proposal amid rising oil prices

    MANILA, Philippines - Since January this year, fuel prices have been increasing and the unavoidable consequences are higher transportation and food prices, troubling consumer concerns as the country's economy is poised to recover from the pandemic. This is what the presidential candidate and Manila Mayor Isko Moreno Domagoso foreshadowed when he proposed a solution should the price of oil in the global market soar. It was seen and heard by the farmers during his "Listening Tour" in Tarlac City last September 25, 2021. He noted that since the Philippines is not an oil-producing country, the country is reliant on imports, could affect transportation costs, foo...

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