The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday said it is reviewing the petition to increase the mininum fare in jeepneys to P15.
In a statement, the LTFRB acknowledged “the challenges faced by our drivers and operators due to rising fuel prices and the increasing cost of living.”
“The LTFRB is reviewing the petition thoroughly and will consider all relevant factors, including fuel price trends, inflation rates, and the overall economic impact on the riding public,” the agency said.
However, the LTFRB added that it also has to consider the possible impact of the requested minimum fare hike in jeepneys on commuters.
“We assure all stakeholders that the board will conduct public hearings and consultations to ensure transparency and inclusivity in the decision-making process,” it said.
“Rest assured, the LTFRB remains committed to delivering solutions that are fair and equitable for both our transport operators and commuters,” it added.
According to the LTFRB, various transport groups made a petition to increase the minimum fare in jeepneys to P15.
The current minimum fare in jeepneys is P13.—AOL, GMA Integrated News
