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Azerbaijan's tariff council increases fare in metro two times

Business Materials 30 September 2009 21:24 (UTC +04:00)
Upon decision by Tariff (Price) Council of Azerbaijan, from October 1 the tariffs on passenger service in the Baku Metro will be increased by two times, the Ministry of Economic Development of Azerbaijan said.
Azerbaijan's tariff council increases fare in metro two times

Azerbaijan, Baku, September 30 / Trend I. Khalilova /

Upon decision by Tariff (Price) Council of Azerbaijan, from October 1 the tariffs on passenger service in the Baku Metro will be increased by two times, the Ministry of Economic Development of Azerbaijan said on Sept. 30. The current price at 0.05 manat was approved by the Executive Power of Baku in 1996.

"According to the decision of the Council, fare in the metro will increase from 0.05 to 0.15 manat, and the new tariffs will come into force from October 1," the ministry said.

This decision was made at a meeting of the Tariff Council on September 30.

The Tariff Council considers that even after a change in the cost of travel in the metro the fares in the country are lower than other countries. Currently, fare in the metro in Russia is 0.35 manat, Georgia - 0.19 manat, Ukraine - 0.16 manat, Belarus - 0.17 manat, Turkey - 0.8 manat.

"The need to revise fares in the metro was caused by the increase in the country for prices of services and energy resources, improvement of quality of passenger services, including commissioning of new stations," the same source said.

If to consider that during the year about 200 million people use metro, the Baku Metro expects to receive additional 20 million manat from raising tariffs. However, even with the current tariffs, Baku Metro can not cover operating costs, so it needs to provide additional funds from the Public budget as the current costs, and the main investment.

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