The Government confirmed it will provide a subsidy to transport companies to prevent a fare increase in public transport. This measure follows meetings with sector guilds, both passenger and freight, amid the impact of rising fuel prices. Minister of Government Dinoska Montalvo, along with Minister of Economy and Finance Felipe Chapman, explained that the subsidy aims to mitigate operational costs. They stated that the program seeks to keep the fare stable for users and prevent the impact from directly hitting the public's wallets. Authorities indicated that the subsidy amount has not yet been defined. Transport companies must provide information on their historical consumption for calculations to determine the amount of financial support the state will provide. Minister Chapman explained that the payment will be direct to transport companies, including both regular and specialized services. Additionally, the case of freight transport is being evaluated under the same relief plan. It was also clarified that the program will depend on the behavior of oil prices. The Executive maintains the expectation that the country can cope with the increase without a spike in the fare. You may be interested: The subsidy is on!
