Advertisementspot_img
Sunday, December 22, 2024

Delivering Stories of Progress

Advertisementspot_img

DOF lauds toll fee hikes exemption of agri-trucks

Latest article

Advertisement - PS02barkero developers premium website

THEPHILBIZNEWS Partner Hotels

Hotel Okura Manila
Hotel 101
The Manor at Camp John Hay
Novotel Manila
Taal Vista Hotel
Advertisement - PS02barkero developers premium website


The Department of Finance has welcomed the decision to exempt trucks carrying agricultural goods from toll fee hikes and avail of rebates beginning June 1, 2024, to reduce food inflation and ensure the stability of food prices.

Finance Secretary Ralph G. Recto said, “I thank our government agencies as well as our partner toll expressway concessionaires and operators for their full cooperation. This measure will prevent the second round effects of toll rate increases onto food inflation and ensure that we keep food prices stable and affordable for our consumers”.

The initiative was led by the Department of Finance (DOF), the Toll Regulatory Board (TRB), the Department of Transportation (DOTr), and the Department of Agriculture (DA), with the support of the Metro Pacific Tollways Corp. (MPTC) and San Miguel Corporation (SMC) Tollways.

The Agri-Trucks Toll Rebate Program caters to truckers that are accredited by the Department of Agriculture and have valid Autosweep and/or Easytrip RFID accounts.

Once enrolled and approved into the system, toll rebates will be credited to the truckers’ RFID accounts every Wednesday of the following week.

The rebate program is targeted to run for three months subject to extension, and is seen to benefit 200 to 300 agricultural trucks traveling from north and south Luzon.

Covered by the program are the Manila-Cavite Expressway, North Luzon Expressway, Subic Clark-Tarlac Expressway, Muntinlupa-Cavite Expressway, and the South Luzon Expressway. – Department of Finance

Advertisement - PS04spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Advertisement - PS05spot_img
Advertisement - PS01spot_img

Must read

Advertisement - PS03spot_img