PUV to release P5K fuel subsidy next week

MANILA: The P5,000-fuel subsidy will be distributed to public utility vehicle (PUV) drivers starting next week amid the rising fuel prices caused by the Middle East crisis.

During a press briefing, Department of Social Welfare and Development (DSWD) Secretary Rexlon Gatchalian said that the initial recipients of the financial assistance — which will be released beginning next Tuesday — are tricycle drivers in the National Capital Region.

Those who operate jeepneys, taxis, UV Express, buses, and transport network vehicle services will have the said aid under “Assistance to Individuals in Crisis Situation” program next.

To note, the DSWD budget for 2026 includes more than P60 billion — with P30 billion already on standby and available for immediate use during a crisis.

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Aside from the subsidy, the Department of Transportation (DOTr) Acting Secretary Giovanni Lopez has the Service Contracting Program (SCP), which also provides cash subsidies through payouts to affected PUV drivers for contracting public transport services.

Per the transportation secretary, Marcos Jr. ordered them to start releasing the financial assistance and not wait for the condition of breaching the $80 per barrel to start the financial assistance.

For his part, League of Cities of the Philippines Francis Zamora (who is also the mayor of San Juan City) announced the organization’s support to the program of the country’s chief executive to lessen the inconvenience of those affected by the oil price increase, especially those in the public transport sector.

Also read:

Oil firms to conduct 'big-time' hikes this week

Follow existing fuel pricing rules, DOE orders firms

DOE debunks ‘projected big-time oil price hike’ for next week

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