The Philippine government has issued Executive Order 130, signed by President Ferdinand Marcos Jr. On October 28, 2026, and officially published on November 3, 2026. The order focuses on economic stabilization measures to address rising inflation and support domestic industries.
The EO mandates stricter price controls on essential goods, including food and fuel, to prevent excessive price hikes. It also introduces incentives for local manufacturers to increase production and reduce reliance on imports. The government has allocated 5 billion pesos for immediate economic relief, targeting small businesses and vulnerable households.
This follows months of public unrest over rising living costs and currency devaluation. The previous administration had introduced similar measures, but they were criticized for lack of enforcement. President Marcos has emphasized transparency and accountability, promising regular updates on the EO’s impact. The order also includes provisions for monitoring compliance and penalties for violations.
The new EO builds on earlier economic reforms, including tax adjustments and trade policy changes. Analysts note that the government is under pressure to stabilize the economy amid global inflation and regional economic slowdowns. The success of the measures will depend on effective implementation and public trust.
