For a commuter like me one peso fare reduction is something to thankful. I ride on a jeepney everyday and it’s my main mode of transportation. The minimum fare was Php8 for a long time but Land Transportation Franchising and Regulatory Board (LTFRB) issued for 1 peso decrease and 20% discount for senior citizens, students and people with disability (PWD). This applies for those in NCR, Region 3 and Region 4. I think for every first 4 kilometers and additional fee if beyond. LTFRB implemented this fare decrease because of the continuous rollback of oil price in the world market. I think started since October last year and until now despite the ongoing tension between Saudia Arabia and Iran.
It’s really helpful on my part and I feel 1 peso discount is a huge thing for me who valued money a lot. I hope this fare decrease is for a long because this is helpful not just for me but to all the commuters. Since I heard the news, I give only Php7 but I noticed many are still paying the previous fare. The driver doesn’t say or mind giving back 1 peso. Even the students are giving Php7 which I think 6 pesos is enough. Oh well, I will stick to the right fare. We all wanted to get discount in everything and have to grab this until it is applicable. This is how I give value to my money because it’s not easy to earn a single cent =).