More than 1.6 million students have benefited from the government’s fuel subsidy and Libreng Sakay programs, the government said on Monday.
In a news statement, the Office of the Press Secretary said the national government’s fuel subsidy and Libreng Sakay programs were carried out to cushion the effect of oil price hikes on the transport sector and commuters.
In addition, under the Oplan Balik Eskwela program of the MRT 3 and the Philippine National Railways , a total of 143,290 students were given a 20-percent fare discount. To reduce energy costs, the OPS said the Marcos government implemented concrete steps since July this year, such as the Energy Efficiency and Conservation program and also assisted distribution utilities to rationalize power supply sources.
The Energy Regulatory Commission also suspended the collection of the Feed-in Tariff from December 2022 to February 2023 to ease inflation pressure on electricity consumers. Other government measures include the continued implementation of targeted subsidies to mitigate the impact of increasing fuel and electricity prices.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Commuters ask for return of Libreng Sakay on EDSA bus carouselSenior citizen Eddie Mercado said the free ride allowed him and his wife to travel often to Cavite to visit their children. "Sana may libreng sakay pa para magkita-kita pa kami nung mga anak ko," he said.
Read more »
Death of Pope Emeritus Benedict XVI overshadows New Year at VaticanPope Francis presides at a Mass in St. Peter's Basilica as the body of Benedict is being prepared for three days of public viewing in the same church starting Monday, January 2.
Read more »
LPA trough, Northeast Monsoon to bring rains throughout the countryThe trough of a low pressure area and the Northeast Monsoon will bring rains and rain showers throughout the country on Monday, PAGASA said in its weather forecast.
Read more »
Over 2 million foreign tourist arrivals in 2022 — DOTMANILA, Philippines — The Philippines received and welcomed more than two million foreign tourists in2022, the Department of Tourism said on Monday. Data from DOT
Read more »