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LTFRB orders jeepney fare rollback in Metro Manila, Central, S. Luzon

The Land Transportation Franchising and Regulatory Board on Monday issued a resolution lowering the minimum jeepney fare  in Metro Manila and Central and Southern Luzon from P10 to P9 amid declining fuel prices in the world market for the past two months.

“The Board hereby resolved to order a provisional rollback of Public Utility Jeepney minimum fare to P9 for the first four kilometers for Regions 3, 4, and National Capital Region,” the LTFRB said in Board Resolution No. 091.

The order penned by LTFRB chairman Atty. Martin Delgra III and Board Member Engr. Ronaldo Corpus will be effective mid-December or 15 days after date of publication.

Delgra had earlier said that the board will come out with a resolution on PUJ fare rollback upon directive of Transportation Secretary Arthur Tugade following hefty oil price cuts for eight consecutive weeks.

Oil companies have slashed diesel and gasoline prices by more than P2 per liter. The price of kerosene has also been rolled back by P1.50.

“Because of the continuous rollback in the price of fuel, Secretary Tugade directed us to implement a motu proprio fare decrease. We will implement that, and no fee shall be charged for a new fare matrix,” Delgra added.

The jeepney fare rollback came a month after PUJ drivers and operators implemented a P10 minimum fare last Nov. 2 following the Board’s approval of a petition for P2 fare increase in October.

The Board had also granted a provisional fare hike of P1 to commuter buses in Metro Manila and an additional P0.15 per kilometer charge for provincial buses. (Alexandria Dennise San Juan)