MANILA - The government is eyeing the distribution of fuel subsidy worth over P20,000 for each public utility jeepneys (PUJ) next year.
The fuel subsidy was created to cushion the impact of higher fuel excise tax among PUJ operators and drivers.
Land Transportation Franchising and Regulatory Board chairman Martin Delgra said the proposed P3.9 billion fuel subsidy fund for 2019 will still need the Congress’ approval. This year, the fuel subsidy program has a budget of P977 million.
The LTFRB has started the nationwide distribution of Pantawid Pasada fuel cards to the operators and drivers of 179,000 PUJs.
Delgra said the fuel cards may only be used directly at gas stations with point of sale devices, as this will serve as a proof that the amount was indeed used for fuel purchase.
The LTFRB has flagged 22 beneficiaries using the fuel subsidies for other means.