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LTFRB: Fare hike decision now up to DOTr
The Land Transportation Franchising and Regulatory Board (LTFRB) has submitted its fare hike recommendations to the Department of Transportation (DOTr) for various public utility vehicles.
LTFRB Chairman Vigor Mendoza II stated that the recommendation covers petitions from jeepney groups, provincial and city buses, point-to-point buses, airport taxis, and TNVS.
Mendoza indicated that any fare increase for jeepneys might be minimal, noting the cost differential between the last fare hike and current fuel costs is only P7.
Jeepney groups are seeking to raise fares from P13 to P14 for traditional jeepneys and from P15 to P16 for modernized jeepneys.
The final decision on whether to approve the proposed fare hike now rests with Transport Secretary Giovanni Lopez.
Potential adjustments to city and provincial bus fares are also part of the recommendation.
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