LTFRB, patuloy sa pamamahagi ng subsidiya sa mga apektado ng oil price hike
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NewsTranscript
00:00The LTFRB continued to distribute aid to Machu Perro affected by the increase in the price of the petroleum product.
00:08Vel Custodio is in the center of the news.
00:12The diesel price was increased by almost three pesos this week.
00:15Despite this, it did not cause much pain for the jeepney driver Angelico because of the subsidy he received from the LTFRB.
00:24It's helpful because we don't have to add anymore.
00:31I think it will be enough for the next two weeks.
00:35The tricycle driver also did not feel that the price of petroleum was high because of the long-awaited subsidy.
00:42Yes, it's a big thing for us.
00:43It's just right.
00:44Sometimes it's not.
00:46Sometimes it's low, sometimes it's high.
00:48Under the Pantawid-Pasada Program of Republic Act No. 11975,
00:54or the General Appropriations Act,
00:56the government subsidizes the operators and drivers for the ongoing Pantawid-Pasada despite the increase in the price of petroleum.
01:04The government allocated P2.5 billion for the public utility vehicle drivers, tricycle drivers, and delivery service drivers this year.
01:15The modernized public utility vehicles will receive P10,000 fuel subsidy,
01:20P6,000 for the traditional PUV, P1,000 for the tricycle, and P1,200 for the delivery service drivers.