The Government confirms that the decision has been made

The Government confirms that the decision has been made

The statements of the La Libertad Avanza (LLA) official come amid the tugs-of-war between the Minister of Economy, Luis Caputo, and the head of the Buenos Aires government Jorge Macri.

“The decision has been made, it is a complex issue, there is not much more information. The transfer points are being finalised“, said the spokesman in this regard when questioned at his usual press conference.

He added: “The conversations are excellent. I understand that there will surely be news in the next few days.“.

Buses: the GCBA warns that the ticket could rise to $700

Bereciartua detailed the subsidy scheme that impacts the ticket price of CABA passengers and pointed out a possible increase if the Nation makes the transfer effective and disassociates himself from his part.

“The real cost is evaluated by the Nation, it is divided into 3 thirds; Today the cost would be $1000 and one third is paid by the City, another by the Nation and another third is paid by the person traveling.“If the Nation does not cover it anymore, the ticket would be around $700,” he explained.

“The City has the resources to pay the subsidy it pays, but needs to resolve what the Nation would no longer paywithin a short and agreed period of time There could be a subsidy for demand, which is what is done in the world and not for supply, which is what is implemented; the system is very poorly managed and we must correct it intelligently,” he concluded.

SUBE Network: Which bus lines are losing subsidies?

The lines run within the perimeter of the City of Buenos Aires and the Buenos Aires suburbs. The measure occurs because the national state will stop supporting the SUBE NETWORKa program of discounts on the ticket price when making a transport combination within a period of two hours.

According to the Government, the benefit represents an estimated monthly expense of $1.5 billion.

The lines that will be allowed to receive subsidies

  • 4, 6, 7, 12, 23, 25, 26, 34, 39, 42, 44, 47, 50, 61, 62, 64, 65, 68, 76, 84, 90, 99, 102, 106, 107, 108, 109, 115, 118, 132, 151.

Source: Ambito

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