ASEAN KEY DESTINATIONS
Jakarta to use a Philippine play
Department of Energy Secretary Jose Rene Almendras said Indonesia is keen on implementing a fuel subsidy program for specific sectors similar to the Pantawid Pasada Program the Aquino administration introduced earlier.
Almendras said this would allow the Indonesian government to maximize the nearly $10 billion in annual subsidies for the daily fuel requirements of its people.
The Pantawid Pasada Program is an interim measure adopted by the DOE to cushion the impact of oil price increases on public utility jeepney and tricycle drivers.
Only drivers who present the Pantawid Pasada cards in select gasoline stations can avail of additional discounts in pump stations, on top of the P1,050 assistance furnished by the cards.
Only legitimate public transport franchise holders are qualified to avail of the fuel assistance program.
The program was funded through a P450 million fund drawn from royalties raised from the Malampaya field, the country's largest natural gas producer.
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below