MANILA, March 24 — President Ferdinand Marcos Jr has announced the expansion of fuel subsidy distribution to more public utility vehicle (PUV) operators nationwide, as part of government efforts to cushion the impact of rising oil prices.
The Philippine News Agency reported that he said the subsidy programme, initially rolled out to bus operators in Metro Manila, will now cover additional PUV sectors nationwide. Each bus unit will receive 10,000 pesos (RM657.15) in fuel assistance
“To help ensure that our riding public will not be heavily burdened by fare increases, this is the government’s response,” Marcos said at the Parañaque Integrated Terminal Exchange.
He added that the government is studying the wider use of digital payment systems to speed up the release of subsidies.
“We can do it via digital payment…it is easier, it is more practical. As much as possible, we will use digital payment,” Marcos said.
He noted that traditional modes, such as cash and cheques, remain available for beneficiaries who prefer them.
Marcos also called for cooperation from transport operators and drivers to ensure the smooth implementation of the programme.
“With cooperation… we can make the system more convenient and ensure better service for the riding public,” he said.
The fuel subsidy is part of the administration’s broader measures to mitigate the effects of global oil price volatility amid tensions in West Asia.
