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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 280
TO
: The Secretary, Department of Local
Government
and Community Development
The Secretary, Department of Public Works,
Transportation and Communications
The Director-General, National Economic and
Development Authority
The Chairman, Philippine National Oil Company
The Chairman, Oil Industry Commission
In line with the government's program to provide socialized price of transport fares for mass commuters, you are hereby directed to implement a programs of special assistance to bus and jeepney operators as follows:
1.
The program shall cover a period of three (3)
months effective immediately.
2. A special
assistance of 11 centavos per liter for
regular gasoline and 6.60 centavos per liter for automotive diesel fuel
shall be accorded to bus and jeepney operators, small fishing boats
(below 3 gross tons) which belong to duly registered fishing
cooperatives, and rice and corn haulers as registered with the National
Grains Authority as of the date of this LOI.
3. The
Philippine National Oil Company shall design,
develop and operate the system in coordination with the Barangays
through the Department of Local Government and Community Development
the Department of Public Works, Transportation and Communications, the
Oil Industry Commission, and the oil companies operating in the
Philippines, effective immediately.
4. The
Director-General, NEDA, shall review and
submit recommendation in connection with this special assistance and
possible extension of the three month period.
Done in the City of Manila, this 15th day of May, in the year of Our Lord, nineteen hundred and seventy-five.
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Since 19.07.98.
