Fuel subsidy for PUVs suffers P500-M budget cut

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Fuel subsidy for PUVs suffers P500-M budget cut
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Lawmakers slammed the proposed P500 million budget cut on fuel subsidies for public utility vehicles next year, despite rising pump prices.

During Tuesday’s plenary debates at the House of Representatives on the proposed 2024 budget of the Department of Transportation and its attached agencies, DOTr’s budget sponsor, Valenzuela City 2nd District Rep. Eric Martinez said the agency requested for P5 billion to fund the fuel subsidies next year.

“Hindi katanggap-tanggap ang cut sa fuel subsidy. While may mga ganoong cuts, ang ating economic managers ay ayaw doon sa suspension and removal ng VAT and excise tax sa fuel,” Kabataan Party List Representative Raoul Manuel said. “Sana imbes na confidential funds natin nilalagay ang pondo natin, ilagay naman natin dito sa diretang mapapakinabangan o subsidy talaga para sa ating mga tsuper, sa ating transport sector,” Brosas noted, stressing that she will move to increase the budget for fuel subsidies at the proper time.

“Sa kahabaan ng EDSA, mayroong exclusive bus lane at mayroong exclusive bicycle lane. Maayos ito at mas ligtas ang mga sasakyan na dumadaan dito. Ang motorcycles na dumaraan naman sa kahabaan ng EDSA ay may tinatayang bilang na 175,000 araw-araw. Ang ibang sasakyan, excluding buses ay may bilang na 252,000 araw-araw,” Bosita said.

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