NEDA admits govt has no long-term plans vs food, fuel crises

MANILA, Philippines - The National Economic and Development Authority (NEDA) on Thursday admitted that the government currently has no clear-cut long-term solutions to the food and fuel crises plaguing the country.

A report over radio dzXL quoted NEDA deputy director-general Augusto Santos as telling the Senate committee on economic affairs that the country only has short-term answers in the form of subsidies.

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