55% of AMBA groups are financed by Buenos Aires

55% of AMBA groups are financed by Buenos Aires

On his account ofa Argentine Association of Automotive Transport Entrepreneurs (AAETA) explained that half of the entire AMBA bus system (about 9,000 = have subsidies financed directly by the Province of Buenos Aires. “It is important that it be debated because the other provinces they can’t do the sameif most receives more co-participation with respect to what they contribute to the national GDP. It is important that these debates be carried out with accurate data,” they added.

At the same time they shared another image that is part of the agreement signed by the former Minister of Transportation of the Nation and the Government of the Province where it refers to the lines of national and municipal jurisdiction of the AMBA (lines number 200 upwards), ” About half of the entire AMBA have a procedure where the Nation calculates and settles subsidies – tariff compensations – but it is PBA who provides the funds”they explained.

“Nation only finances the “fare compensations” of lines number 1 to 199 (those that have at least one head in CABA) that is, groups DF, SGI and SG2. There are a total of 9,625 cars / 18,333 cars (52%) and in terms of passengers are 123 mill / 269 = 45%). 55% of AMBA passengers are subsidized by the Province of Buenos Aires. Not by the national government,” they concluded.

pba national agreement (1).pdf

Transportation: Government removed subsidies from the provinces

Behind the fall of the “omnibus law” and in the middle of a fierce dispute with the governorsthe national government removed on Friday all subsidies to the companies of public passenger transport of the provincesfreed the price of buses in the cities and eliminated the Interior Compensation Fund.

According to official sources, from now on the bus and group companies of national jurisdiction who operate in the provinces can set the price they want for travel rates. “They may charge the rate that they consider appropriate to the route they provide,” they noted.

Thus, subsidies to passengers in the provinces will be channeled through a unique and generalized discount of 55% for those who users of the SUBE card registered. The government’s decision Javier Milei is that the funds reach “directly to citizens” without provincial governments as intermediaries.

For this reason, it was also resolved that starting this year “The Interior Compensation Fund is eliminatedwhose sums were also received by companies providing services from the rest of the country.”

“These decisions are consistent with the Fiscal Pact that Provincial Governors and the National Government signed in 2017 and 2018, where they committed to progressively eliminate differential subsidies in transportation for the AMBA, as well as establishing that the provinces would define fare compensations and/or subsidies for public transportation,” he indicates. the statement of the Secretary of Transportation.

Source: Ambito

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