The minimum fare for jeepneys operating in the National Capital Region as well as Regions III and IV will be reduced to P7.00 beginning today, January 22. The announcement was made by the Land Transportation, Franchising, and Regulatory Board (LTFRB) Thursday afternoon.
According to LTFRB, the provisional fare reduction was suggested by various transport groups including the Alliance of Concerned Transport Organizations (ACTO), Federation of Jeepney Operators and Drivers Associations of the Philippines (FEJODAP), Liga ng mga Tsuper at Operator sa Pilipinas (LTOP), and the Pinagkaisahang Samahan ng Tsuper at Operator Nationwide (PISTON) after a series of oil price rollbacks in recent weeks and months.
This means that students, senior citizens, and persons with disabilities should only be paying P5.60 for the first four kilometers since they are entitled to a 20% discount.
LTFRB Order reducing jeepney minimum fare by P0.50 from P7.50 to P7.00 in NCR, Regions 3 and 4 effective on Friday. pic.twitter.com/fN6Q78ZZc0
— LTFRB_CHAIRMAN (@LTFRB_Chairman) January 21, 2016
According to the aforementioned groups, the fare reduction should only be temporary since there is no assurance that oil prices won’t move up again and since the cost of basic commodities remain far above what it was in 2005, when the minimum fare for jeepneys was also at P7.
One potential source of confusion, however, is the lack of a fare matrix from LTFRB. The implication of this is that after the first four kilometers, the drivers will have the power to dictate how much they will be charging their passengers – a scenario that more often than not causes heated arguments between the two.
The LTFRB most recently implemented a reduction in the minimum fare for jeepneys last December 2014, when the minimum fare was reduced from P8.50 to P7.50. Meanwhile, it remains unclear if bus and taxi operators would agree to implement a fare reduction as well.