The fare hikes for the LRT-1, LRT-2, and MRT-3 are intended to lessen their dependence on government subsidies, but commuters say they need government support now more than ever.
The LRT-1 is operated by the Light Rail Manila Corporation , a private consortium composed of subsidiaries of Metro Pacific Investments Corporation, Ayala Corporation, and Macquarie Infrastructure Holdings . The LRT-1 used to be managed by the government through the LRTA and the then-Department of Transportation and Communication, before a concession agreement brought it to the private sector’s hands.
According to Santiago, the lack of fare increases has allowed LRMC’s deficit to balloon to P1.46 billion, net of offset. Citing higher power rates and inflation, LRMC claimed that without any fare increase, its deficit could reach P5.7 billion by 2025.Halos lahat ng modes of transportation, nabigyan na ng fare increase and subsidy. Ang LRT-1 po ay hindi. LRT-1 po sa ngayon ay pinakamurang mode of mass public transportation.
The LRTA is now proposing to increase the boarding fare to P13.29, and the distance fare to P1.21. The average passenger would have to pay about P4.50 more per trip, considering that the average trip is 8.51 kilometers in distance. According to the MRTC, the proposed fare increase would help address its P7.86 billion deficit and reduce its dependence on government subsidies. Currently, the government shoulders 76.8% of the expenses, equivalent to a subsidy of P88.34 per passenger. With the fare adjustment, the per-passenger subsidy would drop to P79.06.
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