LTFRB fare reduction petition on Friday

As we are very tired of commuting everyday to reach our destinations, another thing that really make us scratch our heads is the associated fare, which for most Filipino’s is a big problem. We are all aiming for a fare reduction in as much as we can.

The good news is, its almost on our way!

The Land Transportation Franchising and Regulatory Board is deliberating on a fare reduction .

It was reported that Land Transportation Franchising and Regulatory Board (LTFRB) will release its decision on the fare reduction petition filed by several transport groups on January 22, Friday.

After transport groups Federation of Jeepney Operators and drivers association of the Philippines, Liga ng Mga Tsuper at Operator sa Pilipinas INC, Alliance of Concerned Transport Organization and Pasang Masda Nationwide Inc. went to the LTFRB and filed petition asking to lower jeepney fare to P7.

In any case the board agrees, the LTFRB targets its rollback effective Friday.

It was last Wednesday when the transport groups filed the petition following the series of rollbacks of pump prices due to price movement in the global market.

LTFRB Chair Winston Ginez earlier vowed that the board will issue a win-win solution for both drivers and commuters.

He said “the provisional fare reduction for public utility jeep will be effective in National Capital Region and Regions 3 and 4.”

The current jeepney fare is P7.50.
LTFRB fare reduction

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