The Department of Transportation and Communications (DOTC) announced that they will be implementing the fare increase for the Metro Rail Transit Line 3 (MRT-3) and Light Rail Transit Lines 1 and 2 (LRT-1 and LRT-2) and it be effective January 4, 2015. The new fare will be P 11.00 (base fare) + P 1.00 (per kilometer) formula.
DOTC Secretary Jun Abaya said: "It's a tough decision, but it had to be made. It's been several years since an increase was proposed. We delayed its implementation one last time until after the Christmas season. While 2015 will see increased fares, it will also see marked improvements in our LRT and MRT services."
"We must emphasize that around P10 billion will still go to subsidizing LRT and MRT passengers. But the premise of the user-pays principle is this: if what each rider pays is closer to the actual cost of his or her own trip, the P 2 Billion savings can be used for development projects and relief operations to benefit those who never even get to use the LRT or MRT."
"I'm referring to the vast majority of Filipinos outside of Metro Manila - those in other parts of Luzon, in the Visayas, and in Mindanao, most especially those whose lives have been severely affected by typhoons and calamities. They will be the real beneficiaries of a more equitable distribution of these savings."
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