SENATOR REVILLA'S PRESS STATEMENT ON "KATAS NG VAT" FOR PUVS

Malacañang should expedite the implementation of the "Katas ng VAT" for PUVs. There should be an effective and speedy procedure on applying for the said loan program. Bureaucratic hassles such as the long lane of processing of applications might discourage applicants.

We must make it sure that the loans will be granted only to deserving beneficiaries, or else the program will not be serving its purpose which is to help the transport sector deal with the rising oil prices. We must not let the fund be a source of corruption.

Sa harap na patuloy na pagtaas ng presyo ng gasolina, dapat na mapakinabangan ng PUV sector ang programa sa lalong madaling panahon at sila lamang dapat ang makinabang dito. Kung hindi, lalabas na pamumulitika lang ito