The communiters were delighted to hear the announcement of the Land Transportation Franchising and Regulatory Board (LTFRB) on Friday regarding the taxi flag-down rate rollback. The government agency mentioned that the current cab fare will be cut down to P30.
Noticeable numbers of commuters including the Overseas Filipino Workers(OFW) immediately turned to social media to thank the LTFRB officials. OFWs returning home will benefit the said rollback since the provisional fare cut will also include the rate of airport taxi.
Winston Ginez, chairman of LTFRB, said that the taxi flag-down rate rollback will be effective on Monday, March 9, 2015. He also added that this guideline will cover all cabs nationwide.
Though the flag-down rate will be rolled back to P30, all taxi meters will not undergo recalibration. Ginez clarified that the cab passengers would still see P40 as the initial rate but once they reach their destination, the passenger will just deduct P10 from the actual fare.
Are you thankful for the flag-down rate rollback of the taxi in the metro?