Senator Win Gatchalian on Wednesday said stakeholders must strike a balance between transparency and trade secrets in the proposed unbundling of petroleum product prices amid the continuous spike in fuel costs.
House Assistant Minority Leader and ACT Teachers Rep. France Castro will refile several measures seeking to bring down fuel prices in the country.
House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate on Friday challenged the outgoing Duterte administration to heed the call of Energy Regulatory Commission (ERC) chairperson Agnes Devanadera to scrap the Value Added Tax (VAT) on electricity and suspend the excise tax on petroleum products.
Senator Bong Go thanked President Rodrigo Duterte for approving the Targeted Cash Transfer Program for vulnerable households affected by the recent increases in fuel prices.
House Deputy Speaker and 1-Pacman Rep. Mikee Romero on Tuesday expressed his support for the establishment of strategic fuel reserves that could help cushion increases in fuel prices.
The Pasahero party-list sent a letter to the Commission on Elections (Comelec) to support the appeal of the Land Transportation and Franchising Regulatory Board (LTFRB) to exempt the distribution of fuel subsidy to the public utility vehicle (PUV) drivers from the election public spending ban.
Bagong Henerasyon Partylist Representative Bernadette Herrera supports the call to implement a 4-day work week to help cushion the impact of rising prices of fuel in the country.
President Rodrigo Duterte on Tuesday said he can’t immediately act on the proposal to stop e-sabong operations and suspend excise taxes on fuel.
Only the “most vulnerable sector” will receive P200 monthly financial assistance with the rising prices on fuel products, Malacañang clarified Wednesday.
The suspension of excise taxes on fuel will only benefit the rich, Department of Finance (DOF) Secretary Carlos Dominguez III said Tuesday.
