Good afternoon members of the public and the media,
I am very happy that you are here today to witness this press conference.
I am here today to speak about the recently announced Fuel Adjustment Rate or FAR increase.
Hearing about the increase earlier this week, on October 4th, I was given an official appraisal of the FAR increase and the decrease in the Feed-In Tariff, or FIT. Later that day, I responded to the press expressing my concern and now take this opportunity to share what the Ministry of Home Affairs is actively pursuing.