Meanwhile, the LTFRB assured that “qualified and bonafide” drivers and operators of PUVs will receive a cash grant from the PHP1 billion fuel subsidy for the remaining months of this year.
In a statement, the LTFRB welcomed the release of the budget meant to support the transportation sector amid increasing prices of fuel and oil products.
“We assure the Development Budget Coordination Committee (DBCC) that the released amount pursuant to Section 82 of the TRAIN law, will be distributed as cash grants to qualified and bonafide PUV drivers for the remaining months of this year. The Landbank of the Philippines shall disburse money straight to the cash cards issued to drivers," the agency said.
It added that the release of funds for the fuel subsidies is “timely”, as the Department of Transportation (DOTr) will also defend its proposal for a “significant” increase in the passenger capacity of PUVs as the National Capital Region (NCR) and other parts of the country are placed under more relaxed quarantine restrictions.
“The DOTr is one with the other government agencies to find means and measures that will help sustain the livelihood of affected drivers and operators in the transport sector especially during this time of the pandemic,” the LTFRB said. (PNA)