The Land Transportation Franchising and Regulatory Board (LTFRB) announced on Friday, May 30, 2014 its approval to raise standard jeepney fare to P8.50 starting June 14, 2014.
The approval to increase the standard fare by P.50 was disclosed by LTFRB chairman Atty. Winston Ginez in a press briefing. According to him, the jeepney fare hike will only apply in Central Luzon, Metro Manila, Mimaropa and Calabrzon regions.
“As part of the Board’s authority to regulate transport fare, we considered not only the welfare of the PUJ drivers but of the general public, especially the low- and middle-income cl(–foul word(s) removed–) who will be directly affected the most,” he said.
The Department of Energy (DOE) noted that the lowest retail price of diesel pump stands at P43.44/liter which comprised from P5.69/liter from 2011 to 2014. The fuel consumption of the public utility jeepney (PUJ) on the other hand records 6kph/liter with an average 10 passengers per trip.
Based upon the new fare matrix as reported by Interaksyon, children with less than 1 meter in height is applicable for free of charge on jeepney fare and 1 to 30 meters kids shall pay half of the fare.
Students, Persons with Disabilities (PWDs) and senior citizens who are qualified shall be given a 20% fare discount or less P1.50 on the standard fare. LTFRB will dispose copies of approved matrix for free fare charge to all transport groups heads including jeepney operators and drivers.
