A New Era in Public Transportation: Those Using Buses, Subways, and Metro Buses Will Breathe a Sigh of Relief - Sözcü Newspaper
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12 Articles
Vice President Cevdet Yılmaz stated that increases in urban transportation fares exceeding inflation negatively affect the disinflation process, signaling the need to set limits on price hikes. Vice President Cevdet Yılmaz said that local governments should not increase public transportation prices above the rate of inflation...
New regulations for public transportation fares are on the way! With the step indicated by Vice President Cevdet Yılmaz, those who use buses, subways, and metro buses will breathe a sigh of relief.
Vice President Cevdet Yılmaz announced that regulation could be made for local governments that set public transport prices above inflation. Raising the limit on public transport is on the agenda: Vice President Yılmaz announced the post first appeared on HaberX.
Vice President Cevdet Yılmaz announced that setting limits on increases in urban public transportation fares set by municipalities is under consideration. Stating that transportation fare increases negatively impact inflation, Yılmaz said, "Increases should not be significantly above inflation." Details regarding the scope and implementation timeline of the potential regulation have not yet been shared.
Vice President Cevdet Yılmaz made a statement on public transport hikes. Yılmaz “There must be some rules when it comes to transportation within the city. Inflation should not rise too far.”
While annual inflation has fallen below 30 percent, price rigidities in the service sector continue to hinder the disinflation process. Vice President Cevdet Yılmaz stated that local government increases in public transportation fares are negatively impacting inflation, signaling the possibility of a new limit.
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