A single fare on the Buenos Aires subte network will cost $7.50 from 27th July, according to a resolution published in the city government’s official gazette today. The new fare represents a 67% hike from the current $4.50, while there will still be discounts for frequent users. The fare hike had been announced in March, but delayed to hold a series of public audiences as legally required for increases in the rates of public services. Earlier this month, Del Corro argued that the proposed fare hike should be postponed until a full audit is carried out to determine exactly how city funds allocated to operating the subte network have been used. A ‘social fare’ of $4.00 will be available for low income households, those who receive welfare support, and the unemployed.

Source: The Argentina Independent July 20, 2016 18:22 UTC