Land Transportation Franchising and Regulatory Board (LTFRB) technical division chief Bolano said on Wednesday that the LTFRB eyed distributing fuel subsidies to around 1.3 million operators and drivers of public utility vehicles (PUV) before the end of August.
Bolano said that the agency is waiting for the Department of Budget and Management to release the funds so they can implement the distribution within this month.
The Congress has already authorized the transfer of P3 billion under the gasoline subsidy program to assist PUV drivers and operators in mitigating the impact of the ongoing increase in fuel prices.
As a result, LTFRB-regulated drivers will receive their subsidies via fuel cards, according to LTFRB Executive Director Robert Peig.
Peig went on to explain that drivers under the jurisdiction of the local government unit (LGU), the Department of Information and Communications Technology (DICT), and the Department of Trade and Industry (DTI) will receive their subsidies via e-wallets.
Furthermore, traditional jeepney drivers will be compensated P6,500, while tricycle and delivery service drivers will be compensated P1,000.
Modern PUV drivers, on the other hand, will receive bigger sums through cash cars at chosen petrol stations.
The breakdown for fuel subsidies is as follows:
- Modern Jeepney: P10,000
- Modern UV Express: P10,000
- Traditional Jeepney and Taxi: P6,500
- School/Shuttle/Tourist Service/TNVS: P6,500
- Delivery Rider: P1,200
- Tricycle Driver: P1,000
Earlier, transport groups called for the immediate release of funds and encouraged the government to distribute the subsidy straight to the drivers instead of the operators.
