LTFRB orders provisional PHP 9 jeepney fare rollback

The Land Transportation Franchising and Regulatory Board (LTFRB) has ordered a provisional rollback of jeepney fares to PHP 9.00USD 0.15INR 13EUR 0.15CNY 1 for NCR and Regions 3 and 4.

In November, the LTRFRB approved the PHP 10.00USD 0.17INR 14EUR 0.16CNY 1 minimum fare hike. With the order, the minimum fare becomes PHP 9.00USD 0.15INR 13EUR 0.15CNY 1 for the first 4 kilometers for NCR, and Regions 3 and 4.

READ: Basic jeepney fare at NCR, Regions 3 & 4 back at P9. Implementation is temporary, no need to secure fare matrix pic.twitter.com/pDpxgbAjyQ

— Jacque Manabat (@jacquemanabat) December 3, 2018

The order was issued due to the recent fuel price cuts. The rollback is provisional or temporary, and operators will not be required to secure a fare matrix before implementing the new fare.

source: ABS-CBN