The government announced on Thursday that it would decrease subsidies to companies providing transport services nationally — a move that impacts the price of public transport across Argentine provinces. The new measure, together with a 98% cut of discretionary funding for provinces throughout January has provoked an outcry from governors. The transport cuts announced on Thursday via a communiqué include eliminating a national fund that supports public transport in the provinces (Fondo Compensador del Interior) and an unspecified decrease in subsidies for companies providing transportation services in the Buenos Aires Metropolitan Area (AMBA). According to the communiqué, this is to directly send aid to users who need it most through the SUBE transport card. “This is related to the Fiscal Pact that the governors and the national government signed between 2017 and 2018, where they committed to progressively eliminate differential subsidies.

Source: Bueno Aires Herald February 09, 2024 00:32 UTC