INTIEAPhilippines · Agricultural Fuel SubsidiesPolicyIn force

Agricultural Fuel Subsidies

In 2022, the Philippines’s government under The Department of Agriculture (DA) implemented fuel discounts for farmers and fisher-folks to reduce the costs of production and transport of major farm and fishery products. PHP 500 million were allocated under the Special Provision…

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Country / jurisdiction: Philippines · Year: 2022 · Status: In force · Level: National · Type: Voluntary

In 2022, the Philippines’s government under The Department of Agriculture (DA) implemented fuel discounts for farmers and fisher-folks to reduce the costs of production and transport of major farm and fishery products. PHP 500 million were allocated under the Special Provision No.20 of the General Appropriations Act (GAA) for Fiscal Year 2022 or Republic Act (RA) 11639.

In 2023, the programme was extended with additional PHP500 million, reaching in total PHP 1 billion, and benefiting to more than 312,000 farms, with PHP 3,000 per beneficiary on average.

Official source: https://www.dbm.gov.ph/index.php/secretary-s-corner/press-releases/list-of-press-releases/2624-gov-t-allots-p4-billion-in-fuel-subsidies-for-puv-drivers-farmers-fisherfolks

Source

https://www.iea.org/policies/17233

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