President Ferdinand Marcos Jr. On Wednesday, March 18, 2026, ordered the suspension of a planned fare hike for public utility vehicles (PUVs) scheduled to take effect Thursday, March 19. The decision comes as the country grapples with economic pressures linked to conflict in the Middle East and rising fuel costs.
Fare Hike Suspended
The Land Transportation Franchising and Regulatory Board (LTFRB) had announced the fare increases on Tuesday, March 17, for nearly all modes of public transportation. Prior fare increases for provincial buses had already taken effect on Saturday, March 14.
According to a statement from the President, “Sa aking palagay dahil nga may problema pa rin tayo dahil sa giyera sa Middle East ay sabi ko siguro hindi ito ang panahon para magtaas ng pamasahe para sa ating mga kababayan.” (In my view, since we are still facing problems because of the war in the Middle East, I said this may not be the right time to raise fares for our fellow citizens.)
Support for Drivers and Commuters
Marcos indicated the government will provide additional support to public transport workers. The Department of Social Welfare and Development has already begun distributing P5,000 in cash aid to affected drivers. The Department of Transportation (DOTr) has too been directed to explore free public transportation options, as well as discounts on MRT, LRT, and toll roads, though details remain forthcoming.
This action follows recent legislative developments, with both the Senate and the House of Representatives approving a bill that would authorize President Marcos to reduce or suspend excise taxes on fuel products. Department of Energy Secretary Sharon Garin stated diesel prices could range from P95 to P114, representing a historical high.
Frequently Asked Questions
When was the fare hike suspended?
President Marcos ordered the suspension of the fare hike on Wednesday, March 18, 2026, just one day before its scheduled implementation on Thursday, March 19.
What was the reason given for suspending the fare hike?
The President cited the demand to protect commuters amid rising costs and ongoing economic pressures caused by the conflict in the Middle East.
Is financial assistance being provided to drivers?
Yes, the government, through the Department of Social Welfare and Development, has begun distributing P5,000 in cash aid to affected public utility vehicle drivers.
As the government considers longer-term solutions to address rising fuel costs and their impact on public transportation, what role should international factors play in domestic economic policy?
