Global Trade Alert
Global Trade Alert

Philippines: Government provided PHP 4 billion in fuel subsidies for local taxis, full-time ride-hailing and delivery service drivers, farmers, and fisherfolks

Announcement

28 Feb 2023

In February 2023, the government of the Philippines provided PHP 4 billion (USD 72.17 million) in fuel subsidies for local taxis, full-time ride-hailing and delivery service drivers, farmers, and fisherfolks.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Feb 2023

Revocation date:

No revocation date

Updated: 28 Feb 2023
Production subsidy In force
On 28 February 2023, the government of the Philippines provided PHP 3 billion (USD 54.09 million) in fuel vouchers to qualified local taxi, full-time ride-hailing and delivery service drivers nationwi...
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Updated: 28 Feb 2023
Production subsidy In force
On 28 February 2023, the government of the Philippines provided a PHP 1 billion (USD 18.03 million) subsidy under the Fuel Discount for Farmers and Fisherfolk Program. Under the program, qualified co...
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