Govt mulls gradual increase of toll rates
The government is considering a gradual increase in toll rates in the two major Luzon expressways as one of the options to ease the impact of the toll hikes to the riding public, Malacañang said Monday. Presidential spokesperson Edwin Lacierda said this option, along with several others that he did not disclose, will be discussed when President Benigno Aquino III meets with the Cabinetâs economic cluster on Thursday. Lacierda said Finance Secretary Cesar Purisima and Transportation Secretary Jose de Jesus are "on top of the situation." "Theyâll be providing options for us and one of the options is a graduated increase in the rates," Lacierda said at a press briefing. "While we would like to honor our contractual obligations, we would like to also make sure that we will alleviate or ease the burden on the public," he added.