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Buenos Aires metro fare jumps 360% amid Argentina’s harsh austerity measures

  • Buenos Aires commuters face a sudden 360% subway fare increase in President Javier Milei's austerity push.
  • The price hike worsens Argentina's cost of living crisis, jumping from 125 to 574 pesos.
  • Milei's subsidy cuts lead to the third fare increase this year, with future hikes planned to lessen the impact on riders.
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Bias Distribution

  • 53% of the sources are Center
53% Center
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Página/12 broke the news in Buenos Aires, Argentina on Thursday, May 16, 2024.
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