Tag: cash subsidy scheme

DOF wants to revive Pantawid Pasada program

MANILA, Philippines (Eagle News) — The Department of Finance (DOF) is eyeing the revival of the Pantawid Pasada Program for commuters and public utility vehicles. This is to reduce the effect of the proposed excise tax on petroleum products if implemented. According to Quezon Rep. Dakila Carlo Cua, the House committee on ways and means chair, the cash subsidy scheme will help cushion the impact of high fuel prices on public utility vehicles when implemented. […]