On July 27th, the government announced further increases of the fares for buses and trains operating in the City and the Greater Buenos Aires area. Transportation Minister Guillermo Dietrich indicated that minimum bus fares would increase in installments over the next three months; unfortunately the due date for the first hikes will go into effect as of today.
The new changes in public transport fares for buses and trains will see expenses for its customers grow between 30 percent and 69 percent.
As these increases are set in installments, this is only the first hit for commuters. For buses, the minimum trip from now will cost AR $1 more, meaning the original base price will increase from AR $10 to AR $11. From September 15th, another peso will be added to that – meaning the minimum fare will cost AR $12. The final hike in October will increase the minimum travel fare to AR $13.
Similarly, the maximum fare on buses from today will also be more expensive. You’ll have to pay AR $13.75, rather than AR $11.75 for longer bus journeys around the city. This will again increase next month to AR $15.75; likewise the following month will see the maximum fare increase to AR $16.50.
Regarding train fares, between August and October the Sarmiento, San Martin and Mitre lines will increase by AR $0.75. In October this will again increase by another AR $0.50. In total, this represents a hike in fares between 29 percent and 32 percent. Longer journeys will cost from AR $12 instead of AR $10, while shorter journeys will increase to AR $8.75.
Moreover, the Belgrano Sur, Roca, and Urquiza lines will increase by AR $0.75 between August and October – a total increase between 30 percent and 69 percent. Longer journeys on the Roca and Belgrano Sur lines will cost you AR $8.75, and shorter journey will rise from AR $3.25 to AR $5.50. Meanwhile, Urquiza maximum fare will surge from AR $6 to AR $8.25 and its minimum fare will increase from AR $3.50 to AR $5.75.
Finally, the Belgrano Norte line will increase by AR $0.50 between August and October – meaning a total increase of 37 percent to 46 percent. Longer trips will increase from AR $8 to $9.50 and the minimum fares will increase from AR $3.25 to AR $4.75.
At the beginning of the year, the minimum bus fare was just AR $6; costs to travel on the local commuter trains varied between AR $2 and AR $4. However, due to a series of government proposals, this led to an increase of bus fares to AR $10 and train fares costing around AR $3.25 to AR $6.75.
These new installments come after the sharp devaluation of the peso and the rise of international oil prices that have increased subsidies for the sector. Bearing that in mind, the rise in the cost of transport for the public is part of the bigger picture to try to reduce the current fiscal deficit and stabilize Argentina’s fragile economy.