LTFRB OKs jeepney fare hike
MANILA - The Land Transportation Franchising and Regulatory Board (LTFRB) has approved a 50-centavo increase for the minimum jeepney fare beginning June 14.
Current jeepney fare is at 8 pesos for the first four kilometers.
Commuters will also have to shell out an additional 10 centavos for every succeeding kilometer.
LTFRB Chairman Winston Ginez said the board found factual basis for a reasonable fare hike, citing increases in diesel prices.
He clarified the fare increase is subject to certain conditions. These include children less than 1 meter in height should be accommodated for free.
Senior citizen discounts should be honored as well as discounts for students and persons with disabilities.
Only those jeepney operators who have posted the fare matrix can implement the fare hike.
"Considering not only welfare of the PUJ drivers but of the general public, especially the low and middle income classes who will be directly affected the most, the board grants increase in NCR, Region 3 and Region 4," Ginez said.
"There was increase in diesel prices. In February 2011 to March 2014, there was an 18% increase. Based on our computation, the amount necessary to recover is more or less 50-centavos," he added.