Marcos suspends excise taxes on LPG and kerosene nationwide

MANILA — The government moved Friday to ease consumer burden from volatile energy prices by officially suspending excise taxes on two essential fuel commodities. President Marcos Jr. signed the executive order, which removes levies on liquefied petroleum gas (LPG) and kerosene used for household and commercial purposes. The measure excludes LPG employed as raw material in petrochemical manufacturing, focusing relief on end-consumer applications. The suspension takes immediate effect as policymakers seek to cushion Filipinos from sustained inflationary pressures in the energy sector. Government officials expect the duty waiver to translate into lower retail prices for both LPG and kerosene at the pump and in markets across the country. The executive order represents part of broader efforts to manage inflation and support household consumption during a period of global commodity price volatility. No specific end date was provided for the suspension, leaving the measure's duration subject to future government review.