Fare rollback in Region 1 expected

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SAN FERNANDO CITY, La Union: A roll back in the fares of public vehicles in Region 1 is expected late this week or early next week as the Land Transportation Franchising and Regulatory Board (LTFRB) office here forwarded its recommendations to its central office. LTFRB Regional Director Glenn Zaragoza declined to say how much the reduction in fares will be but clarified that the rollback should cut across all modes of transportation in the region. Zaragoza said a regional consultation and public hearing was made last January 16 and was attended by different transport organizations and the representatives of the Department of Trade and Industry, Department of Justice, and Integrated Bar of the Philippines. He noted that there is no organized group for the riding public here. The group could have petitioned his office for a roll back earlier. In its absence, Zaragoza said he took the initiative to see the implementation of reduced gas and oil prices and comparing this with the previous prices. Zaragoza noted that transport organizations have opposed a rollback, claiming that the costs of spare parts, tires and repairs have not gone down. Added to their opposition is the alleged prevalent high pricing of basic commodities in the market. He informed those who attended the public hearing that the fare rollback for Metro Manila PUJs is at one peso per passenger.

PNA

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