DOE sumusuporta sa pagbabawas ng VAT sa kuryente

Sumuporta ang Department of Energy sa mga panukalang suspendihin, bawasan o alisin ang value-added tax sa kuryente habang tumataas ang singil sa kuryente at inflation. Nagpahayag ang ahensya na handa itong magbigay ng technical input sa epekto nito sa energy sector. Ito ay sa gitna ng inflation na umabot sa 7.2% noong Abril.

MANILA, Philippines — Naglabas ng pahayag ang Department of Energy noong Martes, May 5, na sumusuporta ito sa mga panukalang magpapababa ng singil sa kuryente para sa mga pamilya at negosyo. "Consistent with its mandate to ensure secure, reliable, and affordable electricity, the DOE supports measures that can ease the burden on Filipino households and businesses," sabi ng ahensya.

Gayunpaman, iginiit ng DOE na ang anumang tax measure ay dapat maingat na suriin ng Department of Finance at Kongreso. Handa rin itong magbigay ng technical input sa potensyal na epekto sa energy sector. Ito ay sa panahon na tumaas ang inflation sa 7.2% sa Abril mula sa 4.1% sa Marso, na pinakamataas mula Marso 2023, ayon sa mga datos ng gobyerno.

Ang pinakamahirap na epekto ay sa pinakamahihirap na 30% ng mga pamilya, kung saan umabot sa 8.5% ang inflation. Nagtaas din ng singil sa kuryente ang mga consumer, na nagdulot ng pagkadismaya. Hinihikayat din ng DOE ang long-term reforms tulad ng efficient generation at improved grid reliability.

Samantala, nagdirekta ang Department of Budget and Management sa mga ahensya na maghanap ng savings mula sa unobligated allotments hanggang Mayo 15 para sa relief measures kaugnay ng energy emergency.

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Philippine lawmakers approving bill for President Marcos' fuel tax powers amid Middle East oil crisis.
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House approves bill granting Marcos special powers on fuel excise tax

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The House of Representatives has approved a bill on second reading granting President Marcos special powers to suspend or reduce excise taxes on fuel to cushion the impact of soaring oil prices due to the Middle East conflict. This measure is part of broader government efforts to protect Filipinos from potential increases in commodity prices. Meanwhile, the Department of Transportation is studying a possible fare hike for public transport.

The US-Iran conflict has driven up oil prices in the Philippines, prompting calls to suspend excise taxes and regulate prices. Economists warn of drawbacks, including lost revenue and unequal benefits. Targeted aid for the vulnerable is seen as more effective.

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Following initial DOE warnings earlier this week, local oil retailers in the Philippines will implement double-digit fuel price increases of P17 to P24 per liter starting March 10, amid ongoing Middle East tensions. President Marcos plans to seek emergency powers to cut excise taxes.

Malacañang has acknowledged the efforts of local government units and the private sector to mitigate the effects of the Middle East crisis, particularly on vulnerable groups. Executive Secretary Ralph Recto highlighted initiatives like boosting fuel supplies and providing free transportation. He described these as a synergy ensuring the nation's energy security amid external pressures.

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Oil firms confirmed price rollbacks effective 6 a.m. Tuesday, April 14, matching Department of Energy projections: diesel down P20.89 to P23 per liter, gasoline P4.43 to P4.50, and kerosene P8.50. The cuts end surges of over P100 on diesel since late February's Middle East crisis. President Marcos suspended excise taxes on LPG and kerosene, while a jeepney subsidy launches.

Department of Energy Secretary Sharon Garin stated that the Philippines faces no oil crisis, as fuel supply remains adequate despite record-high prices. She attributed the issue to rising global oil prices, not shortages. The DOE is monitoring distribution and warning against hoarding.

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Fuel prices in the Philippines are set to surge next week due to escalating tensions in the Middle East, according to the Department of Energy. Minimum increases are estimated at P19 per liter for diesel, P9 for gasoline, and P31 for kerosene, though diesel could reach P90 per liter without staggered hikes. The DOE has warned against hoarding and price manipulation.

 

 

 

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