Connect with us

Hi, what are you looking for?


P1-B aid to be shared by 136,230 jeepney drivers


THE TRANSPORTATION department said Monday that it identified 136,230 jeepney drivers who will be eligible for P1 billion worth of cash assistance to help them deal with rising fuel prices.

The eligible jeepney drivers form the majority of the 178,000 public utility vehicle (PUV) drivers as estimated by the Development Budget Coordination Committee (DBCC).

“The P1-billion budget for fuel subsidy shall be divided (among) the 136,230 qualified and bona fide jeepney drivers nationwide, based on the TRAIN (tax reform for acceleration and inclusion) law,” Transportation Secretary Arthur P. Tugade said in a statement.

“In anticipation of the downloading of funds for the P1-billion fuel subsidy, I signed the tripartite memorandum of agreement between the Department of Transportation (DoTr), Land Transportation Franchising and Regulatory Board (LTFRB), and the Landbank of the Philippines earlier today, Nov. 8, 2021,” he added.

The agreement lays down the framework and documentation rules for the immediate implementation of the program upon receipt of the budget from the Department of Budget and Management.

“Ibig sabihin operators ‘yan o ‘yung bilang ng sasakyan na registered sa kanila (LTFRB) (The list was based on operators and vehicles registered with the LTFRB),” Manibela National President Mar S. Valbuena told BusinessWorld in a phone interview.

“Ang tantya ko lang, kung mga jeepney lang, nasa halos kalahating milyon ang meron sa buong Pilipinas. Sa National Capital Region lang nasa 70,000 na, jeepney drivers lang ‘yan (My own estimate is that there are about half a million in the entire country. Just in the NCR, there are 70,000, just jeepney drivers)” he added.

LTFRB Chairman Martin B. Delgra III had yet to respond to request for comment at deadline time regarding the eligibility criteria for subsidy recipients.

On Oct. 25, the DBCC announced that the government would release P1 billion to the LTFRB to provide cash grants to PUV workers for the remainder of the year.

“This will be distributed using the system established under the Pantawid Pasada Program of the LTFRB,” the DBCC said.

The funds are to be charged against 2021 unprogrammed appropriations under the Support for Infrastructure Projects and Social Programs, it noted.

The LTFRB clarified on Oct. 26 that only the drivers of public utility jeepneys or PUJs would benefit from the P1-billion cash aid. — Arjay L. Balinbin

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



REUTERS Shares of Germany’s largest bank Deutsche Bank plunged on Friday as investors fretted that regulators and central banks have yet to contain the...


US President Joseph R. Biden (left) and Canada Prime Minister Justin Pierre James Trudeau (right) original images from Reuters OTTAWA – US President Joe Biden and...


STOCK PHOTO Image by F1 Digitals from Pixabay LONDON – Most patients admitted to hospitals with acute viral infections are given antibiotics as a precaution against...


SYDNEY, – New Zealand Foreign Affairs Minister Nanaia Mahuta said on Saturday she had expressed concerns over the South China Sea and tensions in the Taiwan...


REUTERS WASHINGTON/NEW YORK – The banking crisis set off by the swift collapse of Silicon Valley Bank has exposed a sharp disconnect between Washington and Wall Street....


Intel Co-Founder Gordon Moore link: SAN FRANCISCO – Intel Corp. co-founder Gordon Moore, a pioneer in the semiconductor industry whose “Moore’s Law” predicted a steady rise...

You May Also Like


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.