Nationwide transport strike
Urban poor, workers, women, and other marginalized groups bear the brunt of the effects of oil price hikes amid inadequate support from the government.
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Urban poor, workers, women, and other marginalized groups bear the brunt of the effects of oil price hikes amid inadequate support from the government.
It can be guesstimated that the total additional profits generated by the oil firms from overpricing gasoline and diesel is about P142.50 million a day. Of this amount, P17.10 million went to government in the form of the 12 percent value-added tax (VAT).
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