The Land Transportation Franchising and Regulatory Board will distribute PHP1 billion in gasoline subsidies to…
180K PUV operators receive a P1.17-B gasoline subsidy from the LTFRB.
MANILA, Philippines — The Land Transportation Franchising and Regulatory Board has already given over 180,000 public utility vehicle (PUV) operators their one-time fuel subsidy (LTFRB).
The LTFRB stated in a statement on Friday that as of June 1, a total of PHP1,170,396,500 had been paid to 180,061 PUV operators, with each getting PHP6,500 via a cash card.
“Isa sa pinakamahalagang mandato na nakaatas sa LTFRB ang agarang pagbibigay ng fuel subsidy para maibsan ang epekto ng pagtaas ng presyo ng petrolyo sa pandaigdigang market (One of the LTFRB’s most essential mandates is the immediate remittance of the fuel subsid
A total of 84,157 PUV owners have yet to get their government subsidies.
“Batid ng ahensya ang hinaing ng grupo ng mga operators at drivers at ito ay ginagawan na ng kaukulang pansin at pagtutok upang sa lalong madaling panahon ay matangap na nila ang kanilang fuel subsidy (The agency hears the pleas of groups of operators and drivers and ito ay
The Landbank of the Philippines is processing 57,841 recipients for urgent remittance out of those who have yet to receive the cash grant, according to the report.
“Ang naiwang balanse naman ay patuloy pang ginagawan ng ATM card ng nasabing banko,” it said.
Meanwhile, the LTFRB said that the Department of Trade and Industry’s (DTI) fuel subsidy program for delivery services has attracted 12,965 beneficiaries, with 9,552 receiving cash grants.
“Kasalukuyan pang pinoprocesso ang naiwang bilang mula sa kabuuang listahan na 27,777 mula sa DTI,” it stated.
The Department of Interior and Local Government (DILG) has yet to submit a list of tricycle drivers for the subsidy scheme, according to the report.
“Patuloy naman ang pakikipag-ugnayan ng LTFRB sa DILG ukol sa mga benipisyaryo mula sa hanay ng tricycle drivers,” it stated.
The fuel subsidy program is a cooperative government operation led by the LTFRB and the Department of Transportation that helps public transportation deal with the effects of rising gasoline prices and other commodities.