A RESOLUTION introduced by Surigao del Sur Representative Romeo Momo Sr., calling for the temporary suspension of toll fees collection in all expressways in the country breezes through Congress, a mere 24 hours after it was filed.
House Resolution 882, which the solon filed on Monday, March 16, immediately garnered support from lawmakers when they convened the next day and was immediately approved.
The resolution called on the Toll Regulatory Board (TRB), to suspend the collection of toll fees to help ease the burden of high oil prices on motorists and ease its impact on the economy.
With no end in sight since the outbreak of war in the Middle East between the United States and Israel against the Islamic Republic of Iran that started last February 28, the price of oil has dramatically shot up, severely impacting all countries, particularly the Philippines.
Momo said that in the light of the present situation, high oil prices will automatically trigger an equivalent increase in the cost of goods and services.
Momo adds that suspension of increases of toll fees will give the country’s economy some breathing space essential to our survival.
Aside from temporary suspending toll fees collection, Momo asked the TRB to also consider slashing the toll fees for the duration of the war as this can also alleviate the cost of doing business.
Momo said the TRB should study the severe repercussions of any toll fee increase at this time.
He observed that most goods and services, including food and raw materials, are transported by land via expressways owned by private companies for quicker delivery.
“Any increase can break the economy as most goods coming to and from the provinces that use toll gates are basic necessity goods and products for consumption or for industrial raw materials,” the lawmaker said.
A RESOLUTION introduced by Surigao del Sur Representative Romeo Momo Sr., calling for the temporary suspension of toll fees collection in all expressways in the country breezes through Congress, a mere 24 hours after it was filed.
House Resolution 882, which the solon filed on Monday, March 16, immediately garnered support from lawmakers when they convened the next day and was immediately approved.
The resolution called on the Toll Regulatory Board (TRB), to suspend the collection of toll fees to help ease the burden of high oil prices on motorists and ease its impact on the economy.
With no end in sight since the outbreak of war in the Middle East between the United States and Israel against the Islamic Republic of Iran that started last February 28, the price of oil has dramatically shot up, severely impacting all countries, particularly the Philippines.
Momo said that in the light of the present situation, high oil prices will automatically trigger an equivalent increase in the cost of goods and services.
Momo adds that suspension of increases of toll fees will give the country’s economy some breathing space essential to our survival.
Aside from temporary suspending toll fees collection, Momo asked the TRB to also consider slashing the toll fees for the duration of the war as this can also alleviate the cost of doing business.
Momo said the TRB should study the severe repercussions of any toll fee increase at this time.
He observed that most goods and services, including food and raw materials, are transported by land via expressways owned by private companies for quicker delivery.
“Any increase can break the economy as most goods coming to and from the provinces that use toll gates are basic necessity goods and products for consumption or for industrial raw materials,” the lawmaker said.
A RESOLUTION introduced by Surigao del Sur Representative Romeo Momo Sr., calling for the temporary suspension of toll fees collection in all expressways in the country breezes through Congress, a mere 24 hours after it was filed.
House Resolution 882, which the solon filed on Monday, March 16, immediately garnered support from lawmakers when they convened the next day and was immediately approved.
The resolution called on the Toll Regulatory Board (TRB), to suspend the collection of toll fees to help ease the burden of high oil prices on motorists and ease its impact on the economy.
With no end in sight since the outbreak of war in the Middle East between the United States and Israel against the Islamic Republic of Iran that started last February 28, the price of oil has dramatically shot up, severely impacting all countries, particularly the Philippines.
Momo said that in the light of the present situation, high oil prices will automatically trigger an equivalent increase in the cost of goods and services.
Momo adds that suspension of toll fees will give the country’s economy some breathing space essential for our survival.
Aside from temporary suspending toll fees collection, Momo asked the TRB to also consider slashing the toll fees for the duration of the war as this can also alleviate the cost of doing business.
Momo said the TRB should study the severe repercussions of any toll fee increase at this time.
He observed that most goods and services, including food and raw materials, are transported by land via expressways owned by private companies for quicker delivery.
“Any increase can break the economy as most goods coming to and from the provinces that use toll gates are basic necessity goods and products for consumption or for industrial raw materials,” the lawmaker said.