Fuel subsidy, inaasahang maipamamahagi na sa mga susunod na linggo ayon sa DOTr
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00:00fuel subsidy for PUV drivers affected by the rising price of oil products.
00:09According to Transportation Secretary Jaime Bautista,
00:12various government agencies have already signed the agreement for the fuel subsidy.
00:18The LTFRB has also downloaded the fund, which is worth Php 2.5 billion.
00:26Meanwhile, the process for the service contracting program that is expected to help cooperatives around the country has also finished.
00:35The target of the DOTR is to start distributing aid under the service contracting program in the coming days.
00:45We have already signed an agreement with all government agencies for the fuel subsidy.
00:56For us to be able to implement the fuel subsidy program,
01:01the local government, the Department of Trade and Industry, and the DICT must participate.
01:11Although we have already downloaded the funds from the LTFRB,
01:15it's a matter now of distributing it.
01:18The Land Bank of the Philippines is also part of it,
01:22because the distribution is through the Land Bank of the Philippines.
01:26So, maybe in a few weeks, we will start distributing it.