Go appeals to concerned government agencies to study possible fuel discounts, subsidy amid rising global oil prices

Go appeals to concerned government agencies to study possible fuel discounts, subsidy amid rising global oil prices

By Ernie Reyes

MANILA — Senator Christopher “Bong” Go has urged the Department of
Energy, the Department of Agriculture, and the Department of
Transportation, among other concerned agencies, to study the
possibility of offering fuel discounts and subsidy for strategic
sectors as the rising world oil prices burden the Filipino public.

“Ang sunud-sunod na pagtaas ng presyo ng langis sa world market ay
dumadagdag sa pasanin ng mga Pilipinong patuloy na tinatamaan ng
kasalukuyang pandemya,” said Go in a statement.

“Umaapela ako sa mga ahensya ng gobyerno, lalo na sa DOE, DA at DOTr,
na pag-aralan kaagad ang posibleng pagbigay ng fuel discounts or
subsidy para sa mga strategic sectors natin, katulad ng public
transport, food deliveries at iba pa,” he added.

Go believes that by giving these benefits, they will be able to help
Filipinos cope with their financial burdens due to the oil prices.
“Maliban sa mga karaniwang commuters, makakatulong din ito sa
pag-kontrol sa posibleng pagtaas sa presyo ng mga pagkain at iba pang
pangunahing pangangailangan na nakasalalay sa mga byahero mula sa mga
producers papunta sa mga palengke at consumers,” he added.

As global economic activity improves and nations reopen, energy prices
rise from record lows set in 2020.

Following a surge in the third quarter, the World Bank predicts that
world oil prices would remain elevated until 2022, adding to
inflationary strains in countries like the Philippines which import
all of its oil supplies.

Energy prices are expected to be substantially higher in 2021 than
they were in 2020 and are expected to remain in such level until the
first half of 2022.

Meanwhile, Go also called for the possibility of amending pertinent
law to allow the temporary suspension of fuel excise tax at times when
the world oil price rises.

“Pag-aralan din natin ang posibleng pag-amyenda sa kasalukuyang batas
upang mapahintulutan ang temporary suspension ng fuel excise tax sa
panahong masyadong mataas ang presyo ng langis sa world market,” said
Go.

“Mandato nating nasa gobyerno na pagaanin ang bigat na dinadala ng
ating mga kababayan, lalo na ngayong meron pa tayong krisis na pilit
malampasan. Huwag na nating dagdagan ang pahirap sa kanila,” he added.

Finally, Go stated that continuing projects to strengthen the
country’s mass transportation infrastructure will be critical in
guaranteeing that Filipinos can travel quickly and comfortably despite
the ongoing challenges.

“Samantala, kailangang ipagpatuloy natin ang mga proyektong lalong
nagpapabuti sa ating mass transportation system, katulad ng mga dagdag
na railways, upang maging mas efficient, mas mabilis at maginhawa ang
pagbibyahe ng ating mga kababayan,” said Go.

“Proteksyunan ang buhay at kabuhayan ng mga Pilipino. Labanan ang
hirap at gutom. Ituloy ang mga pagbabagong patungo sa mas maginhawang
buhay. No Filipino should be left behind in our quest for total
recovery from this pandemic,” he added. (ai/mtvn)

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