DRIVERS DEMAND SUBSIDY, KMU CALL FOR TAX CUTS AMIDST OIL PRICE HIKE

ThanksDad | Mar 22, 2026 08:00 AM | Local News
Drivers Demand Subsidy, Kmu Call For Tax Cuts Amidst Oil Price Hike

Drivers’ groups are pressing the national government for immediate fuel subsidies as pump prices continue to rise for another round this week. According to initial information from transport associations, members of jeepney and UV Express groups have raised concerns that higher diesel costs are eroding already thin daily earnings. Labor coalition Kilusang Mayo Uno (KMU), meanwhile, is calling for tax reductions on petroleum products as a longer-term relief measure. Both appeals come amid a series of fuel price adjustments announced by oil companies, which have cited movements in the global oil market.

Based on preliminary reports, several transport organizations are asking that the fuel subsidy program be expanded and released more quickly to affected public utility vehicle (PUV) drivers. They argue that the existing assistance is insufficient to offset the cumulative impact of successive price hikes. KMU has echoed these concerns and urged authorities to review excise taxes and value-added tax on fuel, saying these levies add to the burden on workers and commuters. As of now, there are no confirmed details on whether any new subsidy package or tax adjustment has been approved.

Government agencies have yet to issue comprehensive guidelines on additional support measures in response to the latest increases. Officials have previously said they are monitoring price movements and studying possible interventions within the national budget. According to initial information from economic planners, any proposal to cut fuel taxes would need to be weighed against its impact on state revenue and ongoing social programs. Transport leaders, however, maintain that without swift assistance, some routes may see reduced trips as drivers struggle to cover operating costs.

The situation continues to draw public attention as commuters brace for possible fare adjustment petitions should fuel prices remain elevated. Labor and transport groups have stressed that keeping fares stable while prices climb places pressure on both drivers and low-income passengers. Based on preliminary reports from advocacy organizations, they are planning more consultations and dialogues with relevant agencies in the coming days. As of now, there are no confirmed details on any scheduled formal negotiations, but stakeholders are expected to push for measures that balance fiscal considerations with immediate relief for the transport sector.

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