Fuel subsidy is a Malacañang deception to drivers, public — solon
By Charlie V. Manalo 04/12/2011Bayan Muna Rep. Teddy Casiño yesterday criticized the Palace announcement that Public Transport Assistance program (Pantawid) had already started yesterday when the Department of Energy (DoE) has yet to issue any smart cards to jeepney and tricycle drivers and another oil price hike will happen within the week.
He said the much publicized “subsidy” could not even buy a full tank of diesel or gasoline for jeepney and tricycle drivers. Executive Order 32 initially allots P450 million to assist jeepney and tricycle operators from the DoE budget as a fuel subsidy to the public transport sector.
“Using government data from the Land Transportation Franchising and Regulatory Board (LTFRB), Land Transportation Office (LTO) and the DoE, we can easily see that this subsidy is nothing but a drop in the fuel tanks of our country’s public transport drivers. As of December 2010 LTFRB data show that there are 214,596 public utility jeepneys (that use diesel) and roughly 1 million tricycles (that use gasoline). This means for jeepney drivers, government will give a total of P1,050 each and P150 each to tricycle drivers. Let us simplify this for the public by doing a little math,” Casiño said..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/nation/20110412nat1.html
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