Tue | Oct 4, 2022

3,000 PPV operators apply for gov’t’s gas relief grant

Published:Thursday | July 7, 2022 | 9:58 AM
The programme will cost the government just under $600 million. -File photo.

Some 3,000 licensed public passenger vehicle (PPV) operators have applied for the government's gas relief programme.

The grant, valued at $25,000, is aimed at cushioning the rising cost of fuel for operators.

The programme will cost just under $600 million.

Application for the programme opened on June 20.

“Payments will commence in two weeks for applicants verified as having duly paid-up PPV licences. I encourage those PPV operators who have not signed up yet to do so. Applications will be accepted until the end of August,” said Finance Minister Dr Nigel Clarke in Parliament on Tuesday.

Meanwhile, Clarke informed that the $200-million loan scheme for taxi operators is now in effect and available through microfinance institutions.

Loan proceeds can be used for the acquisition of spare parts, batteries, tyres, and repairs.

- JIS News

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