LTO Finance Division Chief Marivic Lopez issued the clarification in response to the statement of House Deputy Speaker and Batangas 6th district Rep. Ralph Recto who criticized the agency over its alleged inefficiency and lack of foresight.
“The fund of the LTO comes from the General Appropriations Act and not from its daily collections,” he added. This forced the LTO to extend the validity of driver’s licenses that are set to expire from April 24 onwards. “Not all procurement debacles stem from lack of money. Some are caused by inefficiency, by agencies rich in resources but poor in foresight,” Recto was quoted saying.
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