Gov't urged to release P2.5-B public transport cash subsidy

The government should release at the soonest the P2.5 billion in fuel cash subsidy to public transport drivers to cushion the impact of high fuel prices, especially with the latest news about heightened tensions in Israel and Iran, a congressman said.

- DELON PORCALLA

"Assuming the conditions that will trigger the grant of the subsidy have already been met, then we see no reason for any holdups in the distribution of the cash aid," Makati City Rep.

Luis Campos Jr. said.

"The 2024 General Appropriations Law clearly provides that the subsidy may be given as soon as the price of Dubai crude oil reaches $80 per barrel for 30 days," the vice chairperson of the House of Representatives' committee on appropriations pointed out.