Following yesterday’s DR1 report that certain quarters are advocating the removal of the government’s subsidy on liquid propane gas. Reports in this morning’s papers are quoting Presidential Office Secretary Sergio Grullon (who is also the President’s brother-in-law) as saying that the President is thinking on those lines as well. A Presidential decree is expected imminently, which will state that only consumers of 500 gallons or less will be eligible for government subsidies. Larger-scale consumers, such as hotels and luxury apartment complexes, will have to pay the full price. Grullon explained that this measure was aimed at targeting the government’s assistance to poorer consumers, as opposed to the big companies, whom he felt were the main beneficiaries of the current LPG subsidy policy. Some sources are indicating that a similar measure is in the pipeline for electricity subsidies. At the start of its term, the Mejia government instated focalized subsidies that were later abandoned when much-publicized corruption took hold of the program, coordinated by the Ministry of Industry of Commerce. <\/p>\n","protected":false},"excerpt":{"rendered":"
Following yesterday’s DR1 report that certain quarters are advocating the removal of the government’s subsidy on liquid propane gas. Reports in this morning’s papers are quoting Presidential Office Secretary Sergio Grullon (who is also the President’s brother-in-law) as saying that the President is thinking on those lines as well. A Presidential decree is expected imminently, … <\/p>\n