So good news to commuters: the cost of your underground ride will not be going up from AR $4.50 to AR $7.50 today. “Subte prices are absolutely inflated. Yesterday an injunction presented by auditor Facundo Del Gaiso was upheld effectively putting the Subte ride price increases scheduled to come into effect today on hold. I’m not saying we are happy to do it, but today everyone admits that AR $4.50 is a really low fare take the Subte,” he said. We also put into question the amount of money destined to subsidize the Subte company, as it has grown exponentially since 2012 and reached AR $2.1 billion in 2016,” Del Gaiso told Infobae yesterday.

Source: The Bubble July 27, 2016 13:51 UTC