MANILA, Philippines — Land Transportation Franchising and Regulatory Board (LTFRB) acknowledged the petition from various transport groups seeking to raise the minimum fare for public utility jeepneys to P15 from the current P13.
MANILA, Philippines — Land Transportation Franchising and Regulatory Board acknowledged the petition from various transport groups seeking to raise the minimum fare for public utility jeepneys to P15 from the current P13.In a statement issued on Tuesday by LTFRB Chairman Teofilo Guadiz III, the board expressed its understanding of the financial pressures on transport workers while emphasizing the need to balance this with the economic burden on commuters.
Guadiz assured the public that the LTFRB was conducting a comprehensive review of the petition, factoring in fuel price trends, inflation rates, and the broader economic impact on the riding public.'We remain committed to ensuring the sustainability of our drivers' and operators' livelihoods, but this must be carefully balanced with the welfare of commuters,' he said.
Receives Proposed P15 Fare Hike Petition From Public Utility Jeepney Groups
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