Poe urges urgent subsidy distribution to counter TRAIN impact

LEGAZPI CITY — Senator Grace Poe has called for urgent distribution of the subsidy meant to help Filipinos cope with the impact on prices of the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law.

Senate Committee on Public Services Chairman Poe and Senator Bam Aquino visited the Albay province on Friday to conduct a public hearing on the effects of TRAIN law.

“Many people feel the effects of higher prices not just brought by TRAIN but also by world market, the prices on oil,” said Poe.

“But there are safety nets that we should be implementing immediately in the hands of the government to make sure those subsidies, such as the fuel subsidy or the Pantawid Pasada Program for our drivers and the Unconditional Cash Transfer (UCT), are distributed on-time to our countrymen,” she added.

The senator said the government thus must prioritize the distribution of such subsidies to support the needs of the Filipino people.

“Madaliin na nila na ipamahagi ito para yong kinikita ng TRAIN na dapat talaga mapunta sa kanila ay mapunta na (They should fast track the distribution so that revenues that are generated by the TRAIN law will be received),” she added.

She noted PHP28-billion revenue from the implementation of TRAIN law must be distributed to the poorest of the poor.

Poe also assured that the Senate Committee in Ways and Means could look for ways to safeguard the welfare of the people affected by TRAIN “if the inflation is too high.”

Meanwhile, other local officials such as Representatives Joey Salceda (Albay 2nd district), Albay Governor Al Francis Bichara, and Albay Vice-Governor Harold Imperial were also present during Friday’s public hearing. (Connie Calipay/PNA

Popular

Lahar advisory up in Pinatubo, Taal amid ‘habagat’ rains

By Brian Campued The Philippine Institute of Volcanology and Seismology (Phivolcs) on Saturday urged communities surrounding Pinatubo and Taal volcanoes to heighten alert and preparedness...

DSWD raises ‘red alert’ over effects of ‘habagat’

By Brian Campued The Department of Social Welfare and Development (DSWD) has raised its alert status to red as the southwest monsoon (habagat) continues to...

Heroes’ pseudonyms differ from OVP fund aliases —Palace

By Ruth Abbey Gita-Carlos | Philippine News Agency Malacañang on Thursday drew a distinction between the pseudonyms used by Filipino heroes during the revolutionary period...

Inter-agency coordination vital in boosting agri production —PBBM

By Brian Campued President Ferdinand R. Marcos Jr. on Thursday underscored the importance of inter-agency coordination in boosting local agricultural production and increasing farmers’ income...