“The grant of the petition of the Land Transportation Franchising and Regulatory Board is subject to the strict implementation of the program, such as the submission of information on how the project will be implemented, the parameters of the implementation, and the specific target beneficiaries, and how they will apply to avail of the grants of the programs,” Commissioner George Garcia said.
The LTFRB’s Pantawid Pasada program seeks to provide P6,500 worth of fuel subsidy each to some 377,443 PUV drivers.Earlier, independent presidential candidate Sen. Panfilo Lacson questioned the suspension of the fuel subsidies. This as the Land Transportation Franchising and Regulatory Board last month denied the P1 provisional fare hike petitions of 1-UTAK, Pasang Masda, ALTODAP AND ACTO.
It also cited the National Economic Development Authority position that a fare hike would fuel further “inflationary expectations” when the costs were being transferred to consumers, as high transportation expenses would reduce the purchasing power of those dependent on public transport. Francia said aside from the petitions filed before the National Capital Region-Regional Wages and Productivity Board , groups have also asked nine other RTWPBs for an increase in the salaries of employees.
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