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Monday, 21 February 2011

Bus and Train Fares Cut - Monday 21 February 2011

The Cabinet yesterday formally agreed a cut in the cost of public transport fares for passengers in Israel.  Prime Minister Benjamin Netenyahu said that this is a way of the Government encouraging further use of public transport as an alternative to the car.

Bus passengers will see monthly tickets fall by 10% and will also be able to puchase a 'transfer' ticket on inter-city routes which they will than be able to use on another bus within an hour and a half for no additional fee.  While for rail passengers their monthly tickets will fall by 11.5%.

Fares in the periphery will also be cut by an average of 10%.

It is expected that the cost of these price reductions will cost the Government budget an extra 300 million Shekels, which will be covered by other departmental budgets being cut by 1%.

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