00:01President Ferdinand Marcos Jr. suspends a scheduled fare hike a day before implementation.
00:06Marcos says he has directed the Department of Transportation to roll out free public transportation services nationwide.
00:13MRT and LRT fare discounts, as well as on tall roads, are also being planned, although details have yet to
00:20be disclosed.
00:21Meantime, the Senate passes on third and final reading, a measure that will allow the President to reduce excise taxes
00:27on petroleum products.
00:28This if the average oil prices breach $80 a barrel for one month.
00:33The Senate measure also limits the tax exemption or reduction to just one calendar year.
00:39This power can only be exercised by the President until December 31, 2028.
00:44The passage of the bill comes a day after the House of Representatives passed its counterpart measure.
00:50But the House version requires the President to first declare a state of national emergency or calamity to justify suspending
00:57or reducing levies.
00:58ациym� Eswar
00:59The House harus lol
00:59The House
00:59Poison
00:59Lo
00:59Rip
00:59Lo
00:59Lo
00:59Lo
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