DBM approves issuance of P1.4 billion fund for free EDSA carousel bus rides

MANILA – The release of PHP1.4 billion in additional funds has been approved by the Department of Budget and Management (DBM) to support the extended grant of free rides at the Epifanio de los Santos Avenue (EDSA) Carousel Busway.

DBM Secretary Amenah Pangandaman on Tuesday stated that the agency approved the Special Allotment Release Order (SARO) and the Notice of Cash Allocation (NCA) to cover the additional funding requirements for the extended implementation of the Service Contracting of Public Utility Vehicle (PUV) Program.

Ito pong paglagak natin ng additional funds ay suporta natin sa hangad ni President (Ferdinand) Marcos (Jr.) na i-extend ang programang Libreng Sakay ng Department of Transportation at ng Land Transportation Franchising and Regulatory Board hanggang Disyembre (This deposit of additional funds is our support for President Marcos’ desire to extend the Free Ride program of the Department of Transportation and the Land Transportation Franchising and Regulatory Board until December),” she said.

The extended free bus ride program was scheduled to end on July 31, but on the first day in office of President Ferdinand “Bongbong” Marcos Jr., he announced its extension until December of this year.

Malaking tulong at ginhawa po ang Libreng Sakay sa bulsa ng mga commuter, lalo na para sa mga estudyante at mga kabilang sa labor force (Free rides are a great help and comfort in the pockets of commuters, especially for students and those in the labor force),” Pangandaman said.

Up to 50 million ridership will be supported by the program from Sept. 1 until Dec. 31.

Around 628 units of onboarded public utility buses (PUBs) on the EDSA Busway Route in Metro Manila will also benefit as it gives financial support to transport service providers through performance-based payouts.

Magiging malaking tulong po ito sa kabuhayan ng mga driver ng EDSA Busway na hanggang ngayon ay bumabangon mula sa epekto ng pandemya, at apektado sa patuloy na pagtaas ng presyo ng gasolina (This will be a great help to the livelihood of EDSA Busway drivers who are still recovering from the effects of the pandemic, and are affected by the continuous increase in fuel prices),” she said.

The free bus ride program was created to ensure efficient and secure public transportation operations under the new normal.

Currently, it aids consumers whose finances are severely impacted by the increasing price of goods and services.

22 Replies to “DBM approves issuance of P1.4 billion fund for free EDSA carousel bus rides

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