JEG Tower Switches To COREnergy To Power Cebu’s Business Community

JEG Tower partners with COREnergy to power Cebu’s business community through more strategic and stable energy management.

From Credit Card Hacks To A Movement: How KasKasan Buddies Grew Into A Financial Literacy Community

KasKasan Buddies grew from credit card conversations into a two-million-member community helping Filipinos navigate financial literacy, digital safety, and smarter money decisions.

Monde Nissin Reports Record First Half Core Net Income Attributable To Shareholders Of PHP5.5 Bn, An Increase Of 16.1%

Monde Nissin reports stronger first-half earnings as revenue growth, margin gains, and disciplined cost management support its performance.

Converge Global Business Empowers Virtual Staffing Solutions With Seamless International And Domestic Connectivity

Converge Global Business partners with Virtual Staffing Solutions to power secure connectivity across Philippine and U.S. operations.

DOTr To Continue Tie-Up With OVP To Fund ‘Libreng Sakay’

The Department of Transportation will still pursue the 'Libreng Sakay' program next year partnering with the Office of the Vice President.

DOTr To Continue Tie-Up With OVP To Fund ‘Libreng Sakay’

73
73

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The Department of Transportation (DOTr) is eyeing a continued partnership with the Office of the Vice President (OVP) to continue its ‘Libreng Sakay (free ride)’ program after no funds were allocated for the program in the 2023 proposed national budget.

In a statement on Wednesday, DOTr Secretary Jaime Bautista said the free ride program provided “transport relief” during the pandemic but its long-term viability cannot be argued due to constraints in the national budget.

“We recognize that budget allocation for ‘Libreng Sakay’ is within the prerogative of DBM (Department of Budget and Management) in accordance with government’s fiscal priorities and with due approval from Congress,” Bautista said.

However, the DOTr chief said he is “more than willing” to collaborate with the OVP to continue its free ride program launched on August 3 with five buses to help commuters in Metro Manila, Cebu, and Davao.

On Tuesday, DOTr Undersecretary for Road Transport and Infrastructure Mark Steven Pastor said the DOTr has proposed a PHP778 million budget for public utility vehicle (PUV) modernization in 2023 — which includes funding for the free ride program — but the proposal was rejected by the DBM.

On the other hand, the OVP has allotted PHP32.5 million for its free ride program. (PNA)