President Ferdinand “Bongbong” Marcos Jr. on Tuesday said that fuel subsidies for the public transportation sector would continue, adding that it would be expanded to include tricycle drivers amid the recent fuel price hikes.
“We just discussed that we are going to try, not only to continue the fuel subsidies for the transport sector but to expand it to include the tricycles which up to now have not been included,” Marcos said in a press briefing.first Cabinet meeting“We talked about it in the Cabinet meeting. We talked about the funding, where it can come from, and how we are going to manage the funding for the additional fuel subsidies,” he said.
of the P5-billion fuel subsidy program for public utility vehicle drivers and operators is set for late this month or early July. The fuel subsidy program had served as a stopgap measure instead of a sought-for minimum fare hike increase amid soaring oil prices, according to the LTFRB.Meanwhile, Marcos said free rides "will continue as is," adding that free rides for students on the Light Rail Transit Line 2 , which goes through the University Belt, was also approved.
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