Malacañang on Sunday asked transportation groups not to increase fares without the approval of the Land Transportation Franchising and Regulatory Board (LTFRB).
“Let’s follow the processes of the law,” Palace spokesman Edwin Lacierda said.
He added that transport groups can’t just adjust their rates without discussing this with concerned agencies and groups.
“It’s something that they should take up with the LTFRB. If there was any fare petition, that will certainly be reviewed and discussed. But if there is none, they know fully well that there is a process to abide by when there is an issue of a fare hike,” he added
Lacierda issued the statement after public jeepney operators sought a P2-fare increase. If approved, the minimum P8 fare for jeepneys will go up to P10.
The LTFRB is expected to act on the petition this week.
“Having submitted themselves to the jurisdiction of the LTFRB, petitioners cannot increase PUJ fare without approval of the agency. If PUJ operators will increase fares without the approval of LTFRB, the latter will impose sanctions against them after notice and hearing,” the Palace official said.