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Jan 11, 2018 @ 18:30

Small fishermen said TRAIN threatens their livelihood

Small fishermen have expressed fear of additional costs to their small-scale operations brought about by the implementation of the tax reform law which imposes a higher price on petroleum products.

In a news report, the Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) are urging government to aid municipal fishermen in the form of production subsidy, whether in cash or in kind, to cope with the expected increase in cost of production.

The group fears that the impact of the Tax Reform for Acceleration and Inclusion Act will be unbearable, especially to small fishermen, who regularly consume gasoline or diesel for their fishing operations.

Based on the group’s initial assessment, small fishermen who regularly consume 12 liters of gasoline per fishing trip will have to pay at least P600, from P516, for the gasoline alone.

Pamalakaya said the cost of petroleum products accpunts for about 80 percent of their production trip.



 

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