A New Era in Public Transportation: Those Using Buses, Subways, and Metro Buses Will Breathe a Sigh of Relief - Sözcü Newspaper
10 Articles
10 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 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.
Vice President Cevdet Yılmaz stated that urban transportation fares should not be increased far above inflation, and explained the approach to limiting price increases by local governments.
Cevdet Yılmaz announced that a legal regulation is on the way that will prevent local governments from making increases to public transport fares over inflation.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
