The Transport Ministry on Thursday published for public comment a delay of the planned public transit fare increase, keeping prices unchanged at least through 2027. Transport Minister Miri Regev is also advancing legislation to permanently scrap the automatic indexation of fares to the consumer price index, the ministry said.
The Transport Ministry on Thursday afternoon published for public comment a formal delay of the planned public transit fare increase, keeping prices frozen at least through 2027. This follows an earlier announcement that the July 1 hike had been shelved for this year, as The Zioneer reported on Thursday at 14:45. The new move extends the freeze by over a year.
Transport Minister Miri Regev, who had promised to cancel the fare increase entirely during negotiations with the Finance Ministry, is now also advancing the permanent abolition of the automatic linkage between fares and the consumer price index. The draft proposal has been published for public comment, advancing the process toward a legislative change.
The policy resolves, for now, a recurring source of public discontent over the rising cost of living. Details on how the freeze will be funded, and whether compensation will be provided to public transport operators in lieu of the automatic increases, remain unspecified.
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Source and signal
- Internal intake