Agreement reached on level of taxi fare increase
LaMography/Moni Lazar
An agreement was announced today in a series of negotiations that have been taking place since November 2021 between representatives of the Municipality of Budapest and BKK, as well as representatives of the metropolitan taxi industry and its stakeholders, on the situation of the taxi industry in Budapest.
The parties agreed that the current official fare rate, which is in effect since July 1, 2018, has to be modified as average national earnings, inflation, and fuel prices have all increased significantly over the past four years.
Following earlier agreements on other issues, the parties agreed on the level of the planned tariff increase at today's meeting.
The increase of almost 35% will change the tariff structure as follows: base fare will be increased to HUF 1,000 from HUF 700, kilometer fare will rise to 400 HUF from HUF 300, while the per minute charge will be modified to HUF 100 from HUF 75.
The changes will come into effect on May 9, if the General Assembly of Budapest votes in favor of the negotiated increase next Wednesday.
Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...
Hungary to Address Future of Cohesion Policy During EU Presi...
AI may Save Hungarian Healthcare, Says Leading Doctor
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
