17 September 2009
This kind of news is quite disturbing for those who take the MRT on a regular basis.
The DBP is saying that MRT fare should be in the vicinity of P60. Wow! That is four (4) times the maximum fare of P15 under the present MRT fare matrix shown below:
But DOTC Secretary Leandro Mendoza is saying that there won't be any fare increase because the government will continue to subsidize MRT fares to the tune of P5 Billion in 2010. I believe we should take what he says to mean that "there won't be any fare increase ... for now ... maybe after the 2010 election."
More on this story in this Balitanghali report by Rawnna Crisostomo: