DBM: Calamity fund can cover fuel subsidies amid oil hike
The Department of Budget and Management (DBM) on Tuesday said a portion of the P39.8-billion calamity fund under the 2026 national budget can be used to provide fuel subsidies to affected sectors amid rising fuel prices caused by the Middle East conflict.
REXSON PENEYRA
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The Department of Budget and Management (DBM) on Tuesday said a portion of the P39.8-billion calamity fund under the 2026 national budget can be used to provide fuel subsidies to affected sectors amid rising fuel prices caused by the Middle East conflict.
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