As the energy summit opens today, Gabriela Women’s Party Representatives Liza Maza and Luz Ilagan renewed calls for the immediate removal of the 12% Value Added Tax on oil products to stave off the effect of rising oil prices on ordinary commuters and consumers.


“No less than the ordinary consumers should be the priority of the energy summit. Malacanang would do well not to reduce this summit to a mere spin that will wash its hands off its responsibility on the worsening crisis. The summit should focus on measures that would immediately bring down the price of oil such as the repealing the RVAT ,” said Gabriela Women’s Partylist Representative Liza Maza.


“We challenge the Arroyo government to certify as priority legislation, bills that seek to amend or repeal the RVAT. Several measures have been filed by various solons to exempt food products, oil products, medicines and purchases made by senior citizens from the 12% VAT. These can easily be consolidated, studied and debated on, especially if identified as priority legislation.”


The Gabriela solons said it is urgent for congress to make its move as the effect of the RVAT can no longer be ignored. Maza cited studies made by Ibon foundation which indicates that the prices of unleaded gasoline, diesel and LPG has increased by 19%, 18% and 32% respectively since the RVAT was imposed in 2005. The price of  an 11-kg LPG tank has likewise increased by Php134.79. #


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Filed under News Release, Oil Prices, VAT

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