LTFRB: Over P651 M distributed so far for gov't fuel subsidy program
Jeepney drivers line up to receive a P5,000 fuel subsidy from the Department of Social Welfare and Development on Wednesday, March 25, at Kartilya ng Katipunan in Manila. The aid is part of the government’s program to ease the burden of rising fuel costs, following President Ferdinand R. Marcos Jr.’s directive. (Photo taken by John Louie Abrina/MANILA BULLETIN)
The national government has so far released more than P651 million in fuel subsidy across the country, the Land Transportation Franchising and Regulatory Board (LTFRB) disclosed as the agency continues to validate its list to prevent glitches in the distribution of cash assistance to the public transportation sector.
The Department of Transportation earlier said the government allocated P2.4 billion for fuel subsidy and LTFRB Chairperson Vigor D. Mendoza II said its distribution is currently on the right track.
Of the total of P651,185,000.00 distributed since March 17, Mendoza said the regions with biggest fuel subsidy distribution is Metro Manila with P181.278 million; Calabarzon with P98.215 million; and Central Luzon with P73.416 million.
The distribution covers drivers and operators of modern and traditional jeepneys, UV Express, passenger and P2P buses, TNVS partners, Filcabs, taxis, tricycles and delivery services.
Mendoza asked all the agency’s Regional Directors to continue the validation process in coordination with the concerned government agencies to ensure fast, comfortable and hassle-free distribution of the cash assistance.
“We encountered several minor challenges especially in the distribution in Metro Manila and these challenges became learned lessons that were utilized to prevent similar incidents especially in the provincial distribution in the past days, and in the coming days,” said Mendoza.
“The goal still remains, fast distribution of the fuel subsidy and we assure our friends and partners in the PUV sector that we are on the right track,” he added.
But Mendoza said the task is not yet done as more beneficiaries are yet to receive the subsidy.
“We assure our kababayan that the entire government is working together not only to release the fuel subsidy in the soonest possible time but in finding other ways to assist the PUV sector,” said Mendoza.
Earlier, the LTFRB asked owners and operators of bus and other public transport terminals to cut the rental fee by at least 50 percent while toll fees were also reduced for public utility vehicles.