00:00My position has not changed.
00:03My position has not changed.
00:05As long as the system is not yet perfected by the government,
00:09especially the aspect of financing,
00:12in addition to the PUJ and PUV modernization,
00:16this should not be required for everyone
00:19because they will not be able to afford the high and high price of a modern jeep,
00:24even if it is clean, at this time.
00:28Financing should be prioritized
00:31so that not only the driver, not only the operator,
00:35but especially the investor can afford it.
00:45Every year, funds are allocated,
00:47but in total, if I remember correctly,
00:50only P14 billion was allocated in total.
00:53The need to give a subsidy of P400,000,
00:59if I remember correctly,
01:01to each jeep operator and driver is P42 billion.
01:07So, we are still far from the money needed
01:10to properly distribute the subsidy
01:13that is needed for the current jeep owners.
01:18In our lifetime, will we be able to pay the PUJ?
01:21As long as the financing side is fixed.
01:24There is the land bank, there is the DBP,
01:26there is a lot of money.
01:27Why not use it to lend to them at concessional rates?
01:31Why not increase the process of lending?
01:36For now, this can be continued and done in the near future.
01:40It is not possible
01:42that the value of a modern jeep is less than P3 million
01:46and your subsidy is only P200,000 to P400,000.
01:50Where will the operator and driver get the payment?
01:53Especially since the LTFRB does not allow them
01:56to increase the subsidy
01:58depending on how much they will pay for the modern jeep.
02:02Even if the LTFRB has not yet approved
02:05the transport routes in the entire Philippines,
02:08how will we be able to compute
02:10the correct subsidy that should be given
02:12to those who will be able to pay back
02:14the modern, clean, and expensive jeeps that we bought?
Comments