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The Philippines is launching targeted fuel subsidies for farmers, fishers, and transport workers as oil prices rise, using leftover 2025 funds and preparing a potential P2.5 billion aid package.
The Philippine government is preparing targeted fuel subsidies for farmers, fishers, and transport workers as global oil prices rise due to Middle East tensions.
Unused 2025 fuel funds totaling P100 million will support 9,700 farmers and 15,000 fishers, with payments set to begin when oil hits $80 per barrel.
The LTFRB is validating beneficiary data and coordinating with Landbank to ensure fast disbursement, while the government maintains 50–60 days of fuel reserves.
A potential P2.5 billion subsidy for transport is planned, with President Marcos considering a temporary fuel tax suspension if prices stay high.
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Filipinas está lanzando subsidios de combustible específicos para agricultores, pescadores y trabajadores del transporte a medida que aumentan los precios del petróleo, utilizando los fondos restantes de 2025 y preparando un potencial paquete de ayuda de P2.5 mil millones.