LTFRB: P60 taxi flag-down rate under review

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LTFRB: P60 taxi flag-down rate under review
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The Land Transportation Franchising and Regulatory Board said that the proposed increase of taxi flag-down rates to P60 is currently under review.In a statement on Tuesday, LTFRB Chairperson Attorney Teofilo Guadiz III said there were still several factors to consider before making a decision, including its possible effects on the Philippine economy."Kasi NEDA will ask how the increase will affect the inflation.

So yung effect -- yung presyo ng bilihin natatamaan 'yan," he added.Guadiz assured that the LTFRB is looking into the motion for reconsideration to increase the fare to P60, following the approval of an increase of the rate from P45 to P50."Since there is a new Board that just came in. We'll give the new Board at least two weeks to take the appeal.

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gmanews /  🏆 11. in PH

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