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Tuesday, February 18, 2025

LTFRB seriously weighs petition for P15-minimum jeepney fare

THE Land Transportation Franchising and Regulatory Board (LTFRB) is seriously studying a petition by different transport groups for a P15-minimum fare for public utility jeepneys.

“We understand the challenges faced by our drivers and operators due to rising fuel prices and the increasing cost of living,” the LTFRB said in a statement read.

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“While we remain committed to ensuring that their livelihood is sustainable, we must also carefully balance this with the welfare of commuters who are equally affected by the current economic conditions,” the agency added.

The LTFRB said it is “reviewing the petition thoroughly and will consider all relevant factors, including fuel price trends, inflation rates, and the overall economic impact on the riding public.”

“We assure all stakeholders that the board will conduct public hearings and consultations to ensure transparency and inclusivity in the decision-making process,” it said.

The current minimum fare for jeepneys is P13.

“Rest assured, the LTFRB remains committed to delivering solutions that are fair and equitable for both our transport operators and commuters,” the LTFRB stressed.

Editor’s Note: This is an updated article. Originally posted with the headline “P15 minimum jeepney fare under study—LTFRB.”

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