GMA News
DA exec: Only corn farmers, fishers will receive P3K fuel subsidy; rice, veggie farmers excluded
Only corn farmers and fisherfolk are set to receive the P3,000 fuel subsidy from the Department of Agriculture (DA).
DA Undersecretary Kristine Evangelista stated that 162,000 corn farmers and fishermen are on the list to receive the subsidy.
Rice farmers are not included in this particular subsidy but will receive P5,000 through the Rice Farmer Financial Assistance (RFFA) program.
Farmers cultivating vegetables and high-value crops will not receive the fuel subsidy but are being assisted through other means, such as the provision of trucks to cooperatives.
The DA is collaborating with the Development Bank of the Philippines (DBP) for the distribution of subsidy cards.
The P500 million budget for this fuel subsidy is intended for farmers and fisherfolk who own or operate agricultural and fishery machinery, or do so through a cooperative.
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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.
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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.
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Farmers and fisherfolk registered in the Registry System for Basic Sectors in Agriculture (RSBSA) will be prioritized for the PHP500 million fuel subsidy.
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The LTFRB will begin distributing P6,500 fuel subsidies to public utility vehicle (PUV) drivers and operators starting March 15.
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The Land Transportation Franchising and Regulatory Board (LTFRB) has begun distributing the P2.5 billion fuel subsidy to public utility vehicle (PUV) drivers and operators.
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