LTFRB sets rollout of 2nd part fuel aid by late June or early July

6/11/2022 7:46:00 AM

LTFRB sets rollout of 2nd part fuel aid by late June or early July

Fuel Subsidy, Ltfrb

LTFRB sets rollout of 2nd part fuel aid by late June or early July

The Land Transportation Franchising and Regulatory Board ( LTFRB ) said Saturday that the rollout of the second tranche of the P5-billion fuel subsidy program for public utility vehicle (PUV) drivers and operators is set late this month of early July.

Cassion said that as of last week only less than 5,000 of the 377,000 beneficiaries are yet to receive the first tranche of the fuel subsidy.“[By] last week of June or early July [we’ll] implement the second tranche,” she said, noting that beneficiaries of the second tranche are the same as those who received the first tranche.

The LTFRB released thelist of beneficiarieswith credited fuel subsidy. Divided into two equal tranches, the government’s P5-B fuel subsidy program aims to extend P6,500 cash grants to each of the 377,000 beneficiaries, including LTFRB-supervised PUV drivers and operators, tricycle drivers and operators under the Department of the Interior and Local Government, and delivery riders under the Department of Trade and Industry.

Read more: GMA News »

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In an interview on Dobol B TV, LTFRB Executive Director Tina Cassion said the agency is preparing documents for the distribution of another P6,500 fuel subsidy for each PUV sector beneficiary.According to Meralco, the overall rate for a typical household went up by 39.the same period in 2021, an official of the Department of Health (DOH) in Region 2 said Wednesday.By - June 9, 2022 7:35 pm PROSPERIDAD, Agusan del Sur (MindaNews / 9 June) – After two years of hiatus due to the pandemic, the provincial government here will celebrate the week-long Naliyagan Festival 2022 from June 12 to 17 in the same grand tradition but with the strict observance of health protocols because of COVID-19.

Cassion said that as of last week only less than 5,000 of the 377,000 beneficiaries are yet to receive the first tranche of the fuel subsidy. “[By] last week of June or early July [we’ll] implement the second tranche,” she said, noting that beneficiaries of the second tranche are the same as those who received the first tranche.4612 per kilowatt-hour (/kWh) from P10. The LTFRB released the list of beneficiaries with credited fuel subsidy. The total is 897 percent higher compared to the 202 cases recorded in the same period last year, Turingan said.  Divided into two equal tranches, the government’s P5-B fuel subsidy program aims to extend P6,500 cash grants to each of the 377,000 beneficiaries, including LTFRB-supervised PUV drivers and operators, tricycle drivers and operators under the Department of the Interior and Local Government, and delivery riders under the Department of Trade and Industry. The power rate hike translates to an increase of around P80 in the total bill of a residential customer consuming 200 kWh, P119 for those consuming 300 kWh, P159 for 400 kWh consumption, and P199 for those consuming 500 kWh. According to LTFRB, the fuel subsidy program had served as a stopgap measure in lieu of a sought-for minimum fare hike increase amid soaring oil prices. Still, festival-goers must present a full vaccination card and a valid ID for counter-checking.

But, Cassion said that the LTFRB decided to review its earlier decision to amid the still skyrocketing prices of fuel.13 centavos to P6. The DOH is currently working with concerned provincial health officers in areas that have seen a spike in dengue cases. Early this week, the agency on the minimum fare of jeepneys in Metro Manila, Region 3 and Region 4.  In the meantime, the LTFRB is reviewing the UTAK, PASANG MASDA, ALTODAP AND ACTO to increase the minimum fare from P9 to P14 and LTOP’s petition to hike the minimum jeepney fare to P15 is also pending resolution.2277/kWh in May.  Cassion said the LTFRB will have a last hearing on the said petitions on June 28. “Dengue cases have not reached the levels of last year. She said that apart from increasing the minimum jeepney fare, the groups also seek to increase the fare per succeeding kilometers of travel by P2.83 centavos and 8. COVID-19 protocols, like wearing face masks and frequent washing of hands with alcohol or soap and water, are encouraged inside the festival venue.

50. TNVS petitions Cassion also said that the LTFRB will conduct a final hearing on the petition of the Transport Network Vehicle Services (TNVS) sector to increase their flagdown rate and fare for per kilometer and minutes of travel.” Meralco said fuel charges from the First Gas power plants went up by 8% with the increased usage of more expensive liquid fuel amid the ongoing Malampaya gas supply restriction. “Our hospitals and isolation wards are ready,” Duque said at the online Kapihan sa Manila Bay. According to her, TNVS petitions are asking to increase the flagdown rate for sedan from P40 to P55, AUVs and SUVs from P50 to P70, and hatchback from P30 to P40. For sedan and AUVs and SUVs, the petition is for an increase to P20 of per kilometer of travel from the current P15 and P18 while for hatchback to hike the per kilometer fare to P16 from P13. Meanwhile, prices in the Wholesale Electricity Spot Market (WESM) remained elevated as peak demand in the Luzon grid reached a record 12,113 megawatts in May following the continued easing of mobility restrictions and consequent increase in economic activity. For all types of TNVS vehicle, Cassion said the petition wants a uniform P3 per minute of travel time charge from the current P2. Owing to the COVID-19 pandemic, people may have forgotten to destroy breeding places of mosquitoes, he added. There will also be no booths to showcase local products.

But she assured the public that whatever the agency’s board decision will be, it is  guided by the principle of “balancing of interests” of both drivers and commuters. Meralco spread the deferred generation cost in March of 18 centavos in three installments at 6 centavos each in April, May, and June. “The board may grant at the entirety or reduced hikes,” Cassion said. —LBG, GMA News . Meralco said PSAs, IPPs, and WESM accounted for 48%, 40%, and 12%, respectively, of its energy requirement. Turingan said parents should observe their children closely and immediately bring them to the hospital once they show symptoms.