MANILA, Philippines — Several transport groups will be filing a petition for a minimum fare of Php11 on public utility jeepneys (PUJ).
Pasang Masda president, Obet Martin, said they will file their fare hike petition to the Land Transportation Franchising and Regulatory Board (LTFRB) in January alongside the implementation of the third tranche of the excise tax on petroleum products.
Martin said the Php2 increase on the current minimum fare of Php9 is to help jeepney drivers and operators recover from the additional tax on oil products that will be imposed on them.
“Sa akin ay talagang kontrang kontra ang aking damdamin sa pagtataas subalit wala po akong magagawa sapagka’t ang presyo po ng aming ginagamit na panggatong o itong diesel eh tumaas na naman po,” Martin said.
The price hike on petroleum products will take effect on January 1, 2020, in accordance with Republic Act 10963 or the Tax Reform Acceleration and Inclusion (TRAIN) Law.
The fare increase that the group is seeking will further rise to Php12 in case crude prices also further increase.
Pasang Masda, along with other transport groups, will soon be convening to discuss the petition that they will file in January. — (from the report of Asher Cadapan, Jr.) /mbmf
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