Manila: Malaca±ang announced on Tuesday that the government is actively considering proposals to extend further assistance to public utility vehicle (PUV) operators and drivers. This includes the possibility of increasing the current fuel subsidy and providing additional cash aid, as fuel prices continue to remain high.
According to Philippines News Agency, the recommendation was put forward by the Land Transportation Franchising and Regulatory Board (LTFRB) and is currently under review by the Office of the Executive Secretary, the Department of Transportation (DOTr), and the government's economic team. Palace Press Officer Claire Castro confirmed these discussions and revealed that Secretary Giovannie Lopez is scheduled to meet with the Office of the Executive Secretary to delve into the specifics of the proposal.
In the meantime, the existing PHP10-per-liter fuel discount for PUV drivers has been extended until the end of August. Castro emphasized the government's commitment to continuing this subsidy while deliberations on the proposed assistance are ongoing.
Castro stated that the Office of the Executive Secretary, alongside the DOTr and the economic team, is striving to finalize a comprehensive resolution regarding the proposed assistance package. When asked about the potential for an additional round of cash assistance akin to that provided during the early stages of the Middle East crisis, she noted that all forms of possible aid are still under consideration.
The government aims to conclude discussions soon and will announce the finalized details of the assistance package. The LTFRB has previously recommended increasing the fuel subsidy to PHP20 per liter for all PUV operators and drivers for one month to help mitigate the impacts of rising fuel costs.