Fuel Subsidy, Fare Hike Discussed Amid Rising Prices

The Philippine government is discussing a potential one-month fuel subsidy of P20 per liter and an interim fare increase for public utility vehicles (PUVs) as part of measures to cushion the impact of rising fuel prices, Malacañang said yesterday. Palace press officer Claire Castro confirmed that the existing P10 per liter fuel subsidy for PUVs has been extended until the end of August. Land Transportation Franchising and Regulatory Board (LTFRB) Chairman Vigor Mendoza II had earlier stated that approximately P4.5 billion would be required for the proposed P20 per liter fuel subsidy. Meanwhile, Castro appealed to transport groups planning strikes next week to reconsider their actions. "What the government seeks is dialogue and negotiation to understand grievances. Holding a transport rally is not the appropriate response or solution to these issues as such actions will only make things more difficult for our commuters," Castro said, expressing concern over the potential disruption to daily commuters. The Marcos administration is facing pressure to address the surge in fuel costs, which have a direct impact on the daily lives of Filipinos, particularly commuters. Transport groups have been lobbying for fare hikes to offset increased operational expenses due to higher fuel prices. The government is seeking a delicate balance between alleviating the burden on the public and supporting the transport sector.