Manila, April 17 -- Malacanang on Friday called on micro, small and medium enterprises (MSMEs) affected by the ongoing Middle East conflict to avail of the government's PHP4 billion emergency loan program.

In a statement, Executive Secretary Ralph Recto said the initiative is part of the comprehensive aid package approved by President Ferdinand R. Marcos Jr. to help cushion the impact of rising logistics costs, cash flow constraints, and supply chain disruptions on businesses.

"As part of the safety nets, not only for the highly vulnerable sectors but for the middle class and small entrepreneurs as well, President Marcos has cleared a program for MSMEs in distress as a result of the global oil shock to avail of easy loans ranging from P...