LANDBANK awaits green light to resume fuel subsidy distribution

The Land Bank of the Philippines (LANDBANK) assures the fast and timely crediting
of fuel subsidies and distribution of cash cards to intended transport beneficiaries
nationwide once the prohibition to distribute in compliance to the election spending
ban is lifted.

The Land Transportation Franchising and Regulatory Board (LTFRB) is currently
working on the exemption from the Commission on Elections (Comelec) to resume
the distribution under the Fuel Subsidy Program (FSP).
Pursuant to Comelec Resolution 10944, the releasing, disbursing or spending of
public funds for social welfare projects are prohibited from September 15 to October
30, 2023 in relation to the Barangay and Sangguniang Kabataan Elections next

Facebook Comments