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Gov't Ready to Roll Out P2.5-B Fuel Subsidy
The Philippine Star
|June 29, 2025
The government is ready to give fuel subsidies to over 1.1 million public utility drivers, but only if global crude prices breach the $80 per barrel mark, according to the Department of Transportation.
At a Palace press briefing on Thursday, Transportation Secretary Vince Dizon said the Fuel Subsidy Program, as required under the 2025 General Appropriations Act, is in place and can be implemented if fuel prices shoot up due to the ongoing conflict between Israel and Iran.
A total of P2.5 billion has been allocated for the program in the 2025 national budget, while an additional P617 million remains from the 2024 funds, according to the DOTr.
Dit verhaal komt uit de June 29, 2025-editie van The Philippine Star.
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