STATE-run Development Bank of the Philippines (DBP) is working with the Department of Transportation and the Land Transportation Franchising and Regulatory Board in coming up with financial interventions to help the transportation sector get back on track after reeling from the ill-effects of the pandemic, a top official said.

DBP President and Chief Executive Officer Emmanuel Herbosa said the assistance includes government subsidies to public utility vehicle (PUV) operators to cover revenue gaps during the period when a temporary ban on PUVs were imposed as part of community lockdowns.

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