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LTFRB cancels distribution of Pantawid Pasada fuel cards this week

STILL GOING DOWN The lifting of Western sanctions against Iran has helped further push down global fuel prices, as it is expected to restart selling oil to the world market and further increase the supply glut. Prices at a Makati City gas station have yet to reflect the new round of price reductions of P1 to P1.10 per liter for gasoline and P1.45 a liter for diesel. The reductions take effect today for Pilipinas Shell and Petron. ELOISA LOPEZ

The Land Transportation Franchising and Regulatory Board (LTFRB) announced on Thursday the cancelation of fuel subsidy cards distribution to public utility jeepneys (PUJs), citing “a change in schedule.”

In a tweet, the regulatory board said the Pantawid Pasada Fuel Cards distribution will resume next week.

The LTFRB earlier said some 179,000 jeepney operators will receive fuel vouchers worth P5,000 each to help them cope with rising prices of fuel.   /vvp

READ: ‘Pasada’ subsidy: Drivers to get P5K each in lump sum

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