As part of its goal of maintaining the fiscal surplus at any cost, Javier Milei’s government will implement a significant increase in fares for nationally regulated trains and buses starting in May, with cumulative hikes of up to 90% over the coming months.

Government officials explained that their aim is to move toward a “more organized, efficient, and sustainable” transportation system, with less dependence on state subsidies.

The announcement comes amid an unfavorable context for Milei, who is experiencing one of the lowest levels of popularity since the beginning of his administration. Among the reasons are the rising cost of living and wage losses that show no signs of recovery.

Transportation, the new victim of the chainsaw

The latest fare increases are the newest chapter in the large-scale fiscal adjustment being pushed by the government, which also includes recent cuts........

© Buenos Aires Herald