The Department of Energy said it cannot yet recommend the 2 pesos increase of jeepneys fares as proposed to the Land Transportation Franchising and Regulatory Board or LTFRB.
Jeepney operators who were able to comply with the government’s Jeepney Modernization Program petitioned for the fare increase. They said that the government should also grant their request stressing that they too also followed its Jeepney Modernization Program.
If approved, fares for the non-air-conditioned jeepneys would increase from from 8 pesos to 10 pesos, and 12 pesos from 10 pesos for the air-conditioned jeepneys for the first four-kilometer ride.
Jeepney operators cited the increasing prices of petroleum products and the basic needs, prompting them ask for a fare increase.
Meanwhile, operators are also requesting for a provisional increase of 1 peso for the minimum fare, while the proposal is still pending before the LTFRB.
The department of energy said that the administration’s tax reform package may result to a succeeding fare increase.