LTFRB: Over P802 million in cash subsidies distributed to PUV operators under Bayanihan law 2

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(Eagle News) — Over P802 million in cash subsidies have been distributed to public utility vehicle operators whose livelihood was affected by the COVID-19 pandemic. In a statement, Land Transportation Franchising and Regulatory Board Chair Martin Delgra said the P802,860,500 was as of December 3 and translates to a 87.52 percent disbursement rate. Delgra said the amount–which was part of the P1. 158 billion total budget allocated as direct cash subsidy under the Solidarity to […]