Rep. Cabatbat urges immediate release of P500M fuel subsidy for farmers

Magsasaka Party-list Representative Argel Cabatbat is urging the immediate release of the Department of Agriculture's planned P500 million fuel subsidy and discount for farmers and fisherfolk.

He highlighted that escalating fuel costs, coupled with rising fertilizer prices and low farm gate prices, make it difficult for farmers to break even.

The lawmaker noted that fuel and oil costs previously accounted for about 14 percent of the production cost per kilo of rice, a figure that has significantly increased.

This marks the eighth consecutive week of fuel price increases, with gasoline prices rising by PHP7.95 per liter, diesel by PHP10.20 per liter, and kerosene by PHP9.10 per liter since the beginning of the year.

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