MANILA – In a move to shield commuters from escalating oil costs, President Ferdinand R. Marcos Jr. announced on Tuesday the expansion of fuel subsidies to additional public utility vehicle (PUV) operators across the Philippines.
Addressing media at the Parañaque Integrated Terminal Exchange (PITX), Marcos said the program, first implemented for Metro Manila bus operators, will now cover more PUV sectors. Each bus will receive PHP10,000 to help offset fuel expenses.
“This is our way of ensuring fare increases don’t overly burden our passengers,” the President said.
Marcos explained that digital payment systems may be adopted to accelerate subsidy distribution, though cash and check options will still be available for those who prefer them.
He also called on drivers and transport groups to work closely with the government for smooth implementation. “Through cooperation, we can make the process more efficient and improve service for the public,” Marcos added.
The fuel subsidy is among several measures by the administration to lessen the impact of global oil price swings amid rising tensions in the Middle East.
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