MANILA, Philippines – The regular jeepney fare would be decreased to P9 from the current minimum fare of P12 once the government grants a charge reduction for public utility vehicles in Metro Manila.
While the fare for modern jeepneys would be P11 per person and the bus ticket would go down by P3–4 per person starting in April.
However, the Land Transportation Franchising and Regulatory Board (LTFRB) said on Wednesday that the specifics of the proposal have not yet been finalized.
Chairman Teofilo Guadiz III of the LTFRB said that the agency is still waiting for the SCP money to be downloaded.
“We also have to take the cue from the Office of the (Transportation) Secretary, how they intend to do it. I think ang gagawin lang nila is discount lang ang ibibigay sa mga tao para ‘yung pera na ₱1.2 billion mapagkasya sa maraming mga transport services on a nationwide scale.”
LTFRB Chairman Teofilo Guadiz III
(I think the Transportation Department will only offer discounts to commuters so that the ₱1.2-billion budget will cover all transport services on a nationwide scale.)
Guadiz has also requested that the Department of Transportation (DOTR) provide more funds so that the discounted fares would continue through the end of the year, as the SCP’s current budget wouldn’t last for more than six months.