DOTr opposes fare hikes amid soaring oil prices

[snoop1130]

A tricycle driver pedals past a display showing prices of oil in front of a petrol station in Manila City, on March 15, 2022.

AFP / Ted Aljibe

 

MANILA, Philippines — The transportation department is against the proposal to raise the minimum fare in public transportation despite the successive increases in the prices of oil products.

 

Transportation Secretary Arthur Tugade said raising the minimum fare would affect inflation or the rate by which the level of prices of goods and services is increasing.

 

"The position of the Department of Transportation is not to raise fares because of the impact of the fare hike...on what we call the inflation rate," Tugade said during a meeting with President Duterte and some Cabinet members last Tuesday.

 

Full Story: https://www.philstar.com/headlines/2022/03/16/2167729/dotr-opposes-fare-hikes-amid-soaring-oil-prices

 

-- © Copyright Philstar 2022-03-16