MANILA — The Land Transportation Franchising and Regulatory Board (LTFRB) announced on Friday the implementation of a P10-rollback in the flag-down rate for taxis in the country.
The continuous decrease in fuel prices in the world market has prompted the cut down from the current P40 flag-down rate to P30.
LTFRB Board member Ariel Inton clarified that because the rollback is only provisional, the P40 flag-down rate will still appear in the taxi meter.
Passengers will have to pay less than P10 of the actual fare to avail of the rollback.
“It will take time to calibrate all the taxi meters at since provisional lang ito (this is only provisional),” he said.
Taxi drivers were also warned that they will be apprehended for any violation of the said provision.
Inton also appealed to taxi drivers to respect the flag-down rate.
“I’m appealing to them (taxi operators and drivers) to respect the P10 rollback kasi baka mag-away ang mga pasahero at mga driver (because there might be a rift between taxi drivers and passengers),” Inton said.