MANILA, Philippines — A total of P802.8 million worth of cash aid has already been distributed to operators of 123,517 public utility vehicles (PUVs) nationwide, the Land Transportation Franchising and Regulatory Board (LTFRB) said Friday.
LTFRB explained in a statement that the subsidy was meant to assist public transport operators and drivers badly affected by the lockdowns and travel restrictions due to the COVID-19 pandemic.
LTFRB Chairperson Martin Delgra said that the P802.8 million disbursements as of Thursday, December 3, represent 87.52 percent of the P1.158 billion allocated to the direct cash subsidy program under Republic Act No. 11494 or the Bayanihan to Recover …
Keep on reading: P802.8M cash aid delivered to operators of over 123,000 PUVs – LTFRB