The Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday said it will ask the National Economic and Development Authority
to study the effect of granting a P1 provisional fare hike for public vehicles before the year ends.
“We have yet to consult with the NEDA whether to grant a P1 provisional fare increase or not, and when is the appropriate time ,” Guadiz said.Amid the continued spike in petroleum prices, the groups Pasang Masda, Alliance of Concerned Transport Organization, and Alliance of Transport Operators and Drivers Association of the Philippines filed a petition to raise traditional jeepney fares by up to P5.
The Liga ng Transportasyon at Operators sa Pilipinas, PISTON, Stop and Go Transport Coalition, and Federation of Jeepney Drivers Association of the Philippines also asked the LTFRB for a P2 increase in minimum fare.
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