Cash Aid for Farmers, Fishermen Pushed by Kiko Pangilinan amid Oil Price Hike

Sen. Pangilinan Calls for Cash Aid for Farmers, Fisherman

CASH AID FOR FARMERS, FISHERMEN – Vice-presidential aspirant and incumbent Senator Francis “Kiko” Pangilinan is pushing for it amid the oil price hike.

Recently, a series of increases in oil prices took place and a lot of people are affected by it. Among those who called for help amid the oil price hike are drivers of public utility vehicles (PUVs).

Previously, several transport groups said that their pleas got no response so they decided to file a petition seeking a P3.00 increase on the minimum fare in jeepneys. It was followed by the government confirming a cash grant for PUV drivers.

The government has allotted P1 billion worth of cash grants to assist some 178,000 PUV drivers amid the oil price hike. But, according to Sen. Kiko Pangilinan, cash aid for farmers and fishermen must be available, too.

Kiko Pangilinan on cash aid for farmers
Photo lifted from Philippine Star

The Senator who authored the Sagip Saka law is an advocate of helping the farmers and the fishermen. He is the one pushing for a pension for farmers and fisherfolks.

Based on a report on ABS-CBN News, Sen. Kiko Pangilinan stressed that farmers and fishermen are also affected by the oil price hike thus cash for farmers and fishermen must be given. According to him, 70% of the expenses of fishermen is on the fuel for their fishing boats.

The vice-presidential aspirant further said that if the expenses of the farmers and fishermen go up, the food prices will also increase and everyone will be affected.

According to the report, the pump prices have increased by almost P20.00 per liter in 2021. Sen. Pangilinan said that if the excise tax would be suspended, the oil prices will drop by P6.00 to P9.00 per liter.

Reportedly, separate hearings are currently tackling the possibility of a temporary halting of the imposition of the excise tax. More updates may be posted soon.

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