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The Philippine government, through the Department of Social Welfare and Development (DSWD) and the Department of Transportation (DOTr), will be distributing a one-time cash assistance of P5,000 to public transport workers affected by the continuous oil price hikes. In a press briefing in Malacañang, DSWD Secretary Rex Gatchalian announced that the financial aid will be sourced from the Assistance to Individuals in Crisis Situation (AICS) program. The initial rollout will begin on Tuesday for tricycle drivers in Metro Manila, with local government units (LGUs) tasked to submit their lists of beneficiaries. The program will eventually cover other transport workers nationwide, including drivers and operators of jeepneys, buses, and transport network vehicle services (TNVS). Officials also discussed other measures to cushion the impact of rising fuel prices, such as the Bagong Pilipinas Rice Subsidy program for vulnerable families, the ongoing review of fare hike petitions by the Land Transportation Franchising and Regulatory Board (LTFRB), and discussions with toll operators for potential discounts. The measures are part of President Ferdinand "Bongbong" Marcos Jr.'s directive for a whole-of-government approach to address the economic challenges. Chapters: 0:00:00 - Introduction of Government Officials and Mayors 0:01:23 - DOTr: President Marcos orders immediate action on oil price hike effects 0:03:42 - DSWD: P5,000 financial aid for drivers to start rolling out Tuesday 0:06:03 - Mayor Zamora: Metro Manila mayors express full support for national government's program 0:09:20 - Mayor Moreno: Manila's transport drivers to benefit from cash aid 0:10:43 - OES: Aid package also includes 'Bagong Pilipinas' rice subsidy program 0:12:16 - Q&A: Rollout of fuel subsidy in provinces 0:12:49 - Q&A: Aid for the middle class affected by fuel prices 0:18:33 - Q&A: How long can the government sustain the financial aid? 0:19:37 - Q&A: How many beneficiaries are expected? 0:22:42 - Q&A: Status of fare hike petitions 0:24:03 - Q&A: Will there be a fuel subsidy for farmers and fisherfolk? 0:24:36 - Q&A: How PUV drivers can avail of the aid 0:26:34 - DOTr: Non-cash interventions like toll discounts being explored 0:27:40 - Q&A: Decision timeline for provisional fare increase 0:29:20 - Q&A: LGUs' plan for small businesses affected by the price hike 0:30:27 - Q&A: Distribution process for the subsidy (cash vs. card) 0:32:12 - Q&A: Directives for airlines on airfare hikes for Holy Week For more ABS-CBN News videos, click the link below: • ABS-CBN News For more Breaking News & Live Coverage videos, click the link below: • Breaking News & Live Coverage For more latest news and analysis from ABS-CBN News videos, click the link below: • The latest news and analysis from ABS-CBN ... For more News Digital News Raw Cuts, click the link below: • News Digital Raw Cuts OLD Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews Watch the full episodes of TV Patrol on iWantTFC: http://bit.ly/TVPatrol-iWantTFC Visit our website at http://news.abs-cbn.com Facebook: / abscbnnews Twitter: / abscbnnews #ABSCBNNewsLivestream #ABSCBNNews #LatestNews #Ayuda #FuelPriceHike #Malacanang #Balita