Philippine News Agency
DA allots P1.1-B for fuel subsidies for corn farmers, fishermen
The Department of Agriculture (DA) has allotted a PHP1.1 billion budget for fuel subsidies for corn farmers and fishermen to cushion the impact of soaring oil prices.
President Rodrigo Duterte has approved the disbursement of an additional PHP600 million for farmers' fuel discounts, on top of the legislated PHP500 million.
Agriculture Secretary William Dar stated that the distribution of the P3,000 fuel subsidy began on March 17, 2022, in Tacloban.
The subsidy can be availed as a 30 percent discount on diesel or gasoline fuel upon presentation of a card to accredited fuel stations, with each recipient receiving a maximum of P3,000.
This continuous distribution aims to cover all parts of the Philippines until the allocated funds are fully disbursed, with an additional PHP600 million expected by April for corn farmers and fishers.
Topics in this story
Explore more stories about these topics.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
Only corn farmers and fisherfolk are set to receive the P3,000 fuel subsidy from the Department of Agriculture (DA).
Read more →
Malacañang announced the release of P3 billion in fuel subsidy to the Department of Transportation (DOTr) and the Department of Agriculture (DA) to help mitigate the impact of rising fuel prices.
+2
Read more →
The LTFRB will begin distributing P6,500 fuel subsidies to public utility vehicle (PUV) drivers and operators starting March 15.
Read more →
Some P703 million worth of fuel subsidies have been released to 108,164 beneficiaries across the country amid successive domestic pump price hikes.
Read more →
Farmers and fisherfolk registered in the Registry System for Basic Sectors in Agriculture (RSBSA) will be prioritized for the PHP500 million fuel subsidy.
Read more →