Manila: President Ferdinand R. Marcos Jr. 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. Speaking at the Para±aque Integrated Terminal Exchange (PITX), Marcos stated that the subsidy program, initially rolled out to bus operators in Metro Manila, will now cover additional PUV sectors across the country.
According to Philippines News Agency, each bus unit will receive PHP10,000 in fuel assistance. This initiative aims to ensure that the riding public is not heavily burdened by fare increases. The government is also exploring the wider use of digital payment systems to expedite the release of subsidies, although traditional modes such as cash and checks will remain available for those who prefer them.
Marcos called for cooperation from transport operators and drivers to ensure the smooth implementation of the program. He emphasized that with cooperation, the system can be made more convenient and provide better service for the riding public. This fuel subsidy is part of the administration's broader measures to mitigate the effects of global oil price volatility amid tensions in the Middle East.