Oliver Bugarin 8 0 0 3 min to read

LTFRB plans to release the PUV fare increase resolution right away.

The resolution regarding the suggested fare increase for public utility vehicles (PUV) is anticipated to be published soon by the Land Transportation Franchising and Regulatory Board (LTFRB).

LTFRB Chair Cheloy Garafil said in a statement on Tuesday that the organization is expecting the position paper of operator groups for public utility jeepneys (PUJ). The position paper has until this next Saturday.

“The agency is only waiting for the position paper of the PUJ groups so we can start making a decision on their petition,” Garafil said. “Hinihintay ng ahensya ang position paper ng PUJ groups upang masimulan nang mapagdesisyunan ang kanilang petisyon.”

The organizations are asking for a PHP5 to PHP6 fare increase.

Garafil said that the National Economic and Development Authority (NEDA) had already given the LTFRB a position paper on the subject.

She acknowledged the need for a fare increase but pointed out that the difficulties caused by the pandemic prevented the application of LTFRB Memorandum Circular 2019-035, which provides the formula for a fare adjustment.

“Despite the need for a fare increase, we also need to evaluate its effects on the economy and the spending power of the passengers once the minimum fare for PUJs increases,” she said.

She gave PUV drivers and operators the reassurance that the LTFRB continues to research and work on ways to enhance their welfare, the welfare of their passengers, and the growth of the nation’s public transportation system.

In reaction to the ongoing increase in fuel prices, the LTFRB approved the temporary increase in the minimum charge for a number of PUVs in June.

For traditional PUJs and PHP13 for contemporary PUJs, the minimum fare was raised.

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