Sunday , May 27, 2018

Citrasco wants P12 fare

THE Cebu Integrated Transport Service Cooperative (Citrasco) said on Wednesday they will file a petition for a P6-increase in minimum jeepney fare in addition to the existing P6.50 for the first five kilometers.

However, Citrasco chairman Benjamin Ryan Yu said the petition will be filed only once the excise tax on fuel imposed by the government takes effect this month.

If approved, P6 will be added to the existing minimum fare of P6.50 and the new minimum fare shall be P12.50 or, if rounded off, P12, Yu said.

He cited as a reason the impending fuel price increase once the excise tax on petroleum products will be imposed.

Yu said he was sad that economists advising the administration turned a blind eye on the direct impact of tax reform on “ordinary people,” such as a potential increase in the prices of basic commodities.

He lamented that they only want to collect more money for the government and that the reduced personal income tax would be a pittance.

Sought for comment, Director Ahmed Cuizon of the Land Transportation Franchising and Regulatory Board (LTFRB) 7 said the transport groups have the right to file a petition and it is LTFRB’s duty to hear them out.

“But we also have to listen to the possible arguments against the petition coming from jeepney passengers as may be represented by basic sectors of the community like workers, students, senior citizens, and the urban poor,” Cuizon said.

He said that after they gather the arguments for and against the petition, they will then submit a resolution to their central office in Manila. (EOB)