Manila, March 20 -- President Ferdinand R. Marcos Jr. has directed the Department of Budget and Management (DBM) to immediately release PHP21.47 billion to sustain infrastructure projects and protect Filipinos from the impact of rising fuel prices triggered by tensions in the Middle East.

In a news release on Friday, the DBM said it has fast-tracked the fund release to ensure that essential services remain uninterrupted as global oil price hikes continue to affect transport fares and household expenses.

"Bawat pisong inilalabas natin ay para magpagaan ng buhay, makatulong sa hanapbuhay, o masigurong tuloy ang serbisyo para sa ating mga kababayan, lalo na ngayon na may mga pangyayari sa ibang bansa na may epekto sa araw-araw na buhay dit...