Fuel subsidy released to 35K of 136K card holders so far –LTFRB

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The Land Transportation Franchising and Regulatory Board on Wednesday said around 35,000 of the 136,000 initial card holders have received their P6,500 fuel subsidy, so far.

Interviewed on GMA News’ Unang Balita, LTFRB executive director Maria Kristina Cassion said they are expecting the Land Bank of the Philippines will complete the distribution by Friday.

Cassion said the Land Bank on Tuesday started the transfer of P6,500 fuel subsidy to public utility vehicle drivers and operators, who are affected by the series of fuel price hikes. Asked about other beneficiaries like the drivers and operators of buses, tricycle, and delivery riders, Cassion said it is still in the process for distribution because they are part of the expanded program for fuel subsidy.

 

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