A transport group will press the Land Transportation Franchising and Regulatory Board (LTFRB) to release a decision on its petition increasing the minimum fare for traditional jeepneys to P15.
A transport group will press the Land Transportation Franchising and Regulatory Board to release a decision on its petition increasing the minimum fare for traditional jeepneys to P15.According to Unang Balita’s report on Wednesday, the Alliance of Transport Operators and Drivers Association of the Philippines lamented the recent price big-time hike on fuel products.
The LTFRB earlier said it is waiting for word from the Department of Transportation regarding the P1.6-billion fund for subsidies in the public transportation sector in the wake of recent fuel price increases.The Department of Energy as early as March certified that the subsidy program should take effect after the price of crude oil breached $80 per barrel.Operators and drivers of modern jeepneys are entitled to P10,000 worth of fuel subsidy under the program.
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