Joint Memorandum Circular para sa fuel subsidy, pirmado na

Joint Memorandum Circular para sa fuel subsidy, pirmado na;   LTFRB: nasa 1.3M operators at drivers, makikinabang sa fuel subsidy

Transcript

00:00 The Joint Memorandum Circular for the Fuel Subsidy has been signed.

00:05 That's why, any day now, the LTFRB can download the 2.5 billion Pesong Fondo

00:13 that was given to our operators and drivers of public vehicles.

00:19 Karen Villanda has more.

00:21 The entry has already started, but Noel's income is still small because of the constant cancellation of classes.

00:29 He says that he's only now able to pay back the loan.

00:32 But it's also because of the weekly high price of diesel.

00:36 That's why he's asking for the fuel subsidy.

00:39 I hope I can taste it so I can fill up my jeep.

00:44 It's huge. We're losing 50% of the fuel.

00:47 Because the 500 that we used to have, instead of funding it, it's not funding it now.

00:53 According to the LTFRB,

00:56 the Joint Memorandum Circular for the Fuel Subsidy has been signed.

01:00 The fuel subsidy should have been distributed in August,

01:03 but there are still requirements,

01:05 so the Department of Budget and Management cannot download the 2.5 billion Pesong in the agency's fund.

01:11 But now it's complete.

01:13 The aid to the operators of public transportation is almost ready to be distributed.

01:18 We will download the funds immediately.

01:21 We always ask the Department and the LTFRB to process the funds immediately.

01:31 We will implement the distribution of the fuel subsidy.

01:36 We will only download the funds. That's all we need.

01:40 According to the LTFRB,

01:41 there are 1.3 million operator drivers of public transportation as beneficiaries.

01:48 6,500 Pesos for the traditional jeep,

01:51 each unit and other four-wheeled public utility vehicles.

01:55 10,000 for modern jeeps because their operational costs are higher.

02:00 1,000 for tricycle drivers and 1,200 for food delivery riders.

02:05 According to the LTFRB,

02:07 the fuel subsidy of the operators will be received through Pantawid Pasada Card,

02:12 over-the-counter or through e-wallet.

02:15 But according to the LTFRB, it should be used only for diesel.

02:20 We are monitoring it.

02:23 That's why we will submit an undertaking to our operators to use it for the purpose of the program,

02:32 to use it for fueling their units.

02:38 The drivers or anyone who has complaints that the operators did not use their units,

02:46 they can automatically go to the LTFRB to file a complaint.

02:51 The LTFRB will issue a statement to the qualified operators and drivers

02:56 when they receive the funds for the fuel subsidy.

03:00 Karen Villanda, for Sabayan.