Govt prepares fuel subsidy for public transport drivers if oil hits $80 per barrel

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Source: The Manila Times
Published: 2026-03-03 13:27 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Transport, Philippines, Energy, World News, Asia Pacific
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Snippet:
MANILA, Philippines — The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) are preparing the necessary documentation for the possible release of fuel subsidies to public utility vehicle (PUV) operators and drivers once global oil prices reach $80 per barrel, Transportation Secretary Giovanni Lopez said.
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