Policy Database

DO 2018-016 Guidelines on the Availment of the Equity Subsidy under the PUV Modernization Program

Relevant provisions / summary
The DO provided the guidelines for the availment of the national government subsidy to cover the equity required in purchasing new PUV units under the financing programs of the DBP and Landbank, as well as the eligibility criteria and the terms and conditions in the availment of the equity subsidy, which amounts to P80,000 per unit.Date: July 31, 2018


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