The assurance from transport groups that they will refrain from seeking a fare increase—at least for now—deserves both recognition and reflection. It comes at a time when every peso counts and the price of fuel threatens to ripple across the entire economy,
The commitment made by Samahang Manibela, Mananakay at Nagkakaisang Terminal ng Transportation (Manibela) and the Liga ng Transportasyon at Operators (LTOP) not to push for higher jeepney fares, provided the government delivers meaningful support, is a welcome development in an otherwise troubling economic moment. It is a gesture that reveals both restraint and responsibility from a sector that itself is struggling to stay afloat.
Under such conditions, asking for a fare hike would have been understandable. Yet transport leaders have chosen to treat it as a last resort rather than an immediate demand. Their message is clear. If the government steps in with support—through fuel subsidies and the suspension or reduction of excise taxes—drivers are willing to hold the line on fares.
The government, for its part, appears to be moving in the right direction. The planned ₱5,000 fuel subsidy for public utility vehicle and tricycle drivers offers immediate relief, even if temporary. Meanwhile, the proposed suspension or reduction of excise taxes on fuel products—already approved on second reading in the House of Representatives—could significantly lower pump prices by as much as ₱6 per liter for diesel and ₱10 for gasoline.
But the responsibility of cushioning the impact of the oil crisis should not fall solely on the government and the transport sector.
The oil crisis, after all, triggers widespread ripple effects. When fuel prices climb, transportation costs increase, electricity prices feel pressure, and the cost of delivering food and basic commodities rises. Without coordinated efforts, the result is a chain reaction of price hikes that ultimately punishes the most vulnerable members of society.
Now is the moment for the government and the private sector to deepen that cooperation. Policymakers must ensure that assistance programs are delivered quickly and transparently. Businesses must show prudence and social responsibility. And regulators must remain vigilant in preventing opportunistic price increases.
If other sectors follow that example, the burden of the oil crisis will not disappear—but it will be shared more fairly by all.
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Credit belongs to: www.mb.com.ph
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