• 6 AUGUST - *1907 - Gen. Macario Sakay, one of the Filipino military leaders who had continued fighting the imperialist United States invaders eight years into the Ph...
    5 years ago

......................................................................................

The Daily Tribune

(Without Fear or Favor)

Specials:

Bulatlat.com

World Wildlife Fund for Nature-Philippines

The Philippines Matrix Project

‘Gas subsidy to benefit oil firms only’ 05/14/2011

Saturday, May 14, 2011

‘Gas subsidy to benefit oil firms only’

05/14/2011
The gas subsidy is benefiting oil companies more than the jeepney and tricycle drivers for which the program is intended.

According to Bayan Muna Rep. Teddy Casiño, the gas subsidy had better be given to the drivers in cash to be spent for the needs of their families rather than an augmentation for their fuel consumption.

“On the overhyped ‘additional’ P50 increase in Pantawid Pasada smart cards — Mabuti pang ibigay na lang ng gobyerno ang cash direkta sa drayber para makapahinga sila ng isang araw habang may pambili ng pagkain para sa kanilang pamilya,” Casiño said yesterday.

Casiño explained under the current program, the Aquino government, is giving oil companies more opportunity to earn more as the whole amount of the subsidy amounting to P134.4 million will end up with the oil companies..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/metro/20110514met5.html

0 comments

There was an error in this gadget

Blog Archive