They estimated that this measure by the Nation will imply a rate increase or greater contributions from the provinces to that service. When was the last distribution of subsidies from the Nation.
The president of the Passenger Motor Transport Business Chamber (CEAP), José Troilo, stated that the removal of subsidies for groups in the interior of the country will imply a rate increase or greater contributions from the provinces to that service.
The Government announced this Thursday background removal through which The State subsidizes bus companies in the interior of the country, within the framework of fiscal adjustment.
The removal of subsidies by the Government from transport companies in the provinces
Its about Interior Compensation Fundwhose sums were received by companies providing services in the provinces.
Mar del Plata Collectives.jpg
“This is an important change. The Compensating Fund, which is the subsidy item paid to interior bus lines, is eliminated. It does not affect the metropolitan area of Buenos Aires at all. But in the provinces it will imply a fare increase or higher contributions from the governorates”, the leader said.
Troilus assured About entrepreneurs in the sector: “We found out from the statement (from the Ministry of Transportation) about this reduction in subsidies for the interior. We will see if it is applied from this month because they are monthly items that the Nation sent to the provinces based on the number of buses.”
What will happen without the internal subsidy
Without that money, provinces should authorize a sharp increase in ticket pricesor subsidize a part of the rate with your own funds.
The last distribution of subsidies from the Nation to the provinces was executed in the period September-December 2023through four consecutive monthly payments of $9,000 million each, reinforced with another $6,000 million in November.
Source: Ambito
