In a move aimed at providing immediate economic relief, Senator Sherwin "Win" Gatchalian has called for the suspension of excise taxes on diesel fuel. The proposal seeks to alleviate financial pressures on drivers and transport operators grappling with rising fuel costs.
Gatchalian, who chairs the Senate Committee on Energy, emphasized that the suspension would directly benefit public utility vehicle (PUV) drivers, truckers, and other diesel-dependent sectors. He argued that reducing fuel expenses would help stabilize transportation fares and lower operational costs for goods delivery, potentially curbing inflation.
"This measure is about providing breathing room for our drivers and the commuting public," Gatchalian stated. "By temporarily lifting the excise tax on diesel, we can ease the burden on those who keep our economy moving."
The senator's push comes amid ongoing discussions about fuel price volatility and its impact on household budgets. He noted that diesel remains the primary fuel for many essential services, including public transportation and agricultural machinery, making its affordability critical for economic stability.
Gatchalian urged the government to consider the suspension as a short-term intervention while exploring long-term solutions for energy security and price management. The proposal is expected to be reviewed by relevant economic agencies, with potential implications for national revenue and subsidy programs.