President Ferdinand “Bongbong” Marcos Jr. announced enhanced government assistance for public transportation drivers following the suspension of a planned one-peso fare hike due to rising fuel costs.
On March 19, 2026, Philippine President Ferdinand “Bongbong” Marcos Jr. declared that the government will increase support to public utility vehicle (PUV) drivers after halting a scheduled fare hike of one peso. This move came amid soaring global fuel prices fueled by unrest in the Middle East. The fare increase had been approved by the Land Transportation Franchising and Regulatory Board (LTFRB) and was slated to take effect on the same day. However, President Marcos ordered the Department of Transportation to suspend the fare hike to shield commuters from further financial burden.
In his statement, Marcos acknowledged the difficulty in anticipating fuel price fluctuations and emphasized the government’s objective to soften the economic impact on both drivers and passengers. While fare adjustments are deferred, the administration plans to augment subsidies and financial aid to transport workers to prevent income losses and preserve livelihoods. The President emphasized the need to safeguard job security in the transportation sector during this volatile period.
This official action aims to balance affordability for commuters and economic stability for PUV drivers by providing direct government assistance rather than passing costs directly to the public. It follows earlier approvals of fare increases ranging from P1 up to P40 on multiple vehicle types excluding regular taxis and motorcycle taxis. The government continues to monitor the oil market to adapt policies as needed.
Sources referenced:
- https://www.gmanetwork.com/news/topstories/nation/980656/marcos-aid-drivers-fare-hike-suspension/story/
