P1-B fuel subsidy released before year's end, Palace assures PUV drivers

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Malacañang expressed confidence that the government would be able distribute the P1-billion fuel subsidy it had committed to the public transport sector before the end of the year.

Malacañang expressed confidence Tuesday, Oct. 26 that the government would be able distribute the P1-billion fuel subsidy it had committed to the public transport sector before the end of the year.Presidential Spokesperson Harry Roque had this to say in response to the sector’s clamor for assistance amid the continuously increasing prices of pump fuel.

Chaired by the Department of Budget and Management , the Development Budget Coordination Committee announced the 10-figure subsidy on Monday. The panel said it would benefit 178,000 PUV drivers. Roque said LTFRB officials subsequently met with counterparts from LandBank to discuss the subsidy distribution following the DBCC’s announcement.

 

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