Ministry of Transportation: Highway Passenger Transport Fares Estimated to Reach Adjustment Threshold in May
NQ Score
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AI Summary (NQ-processed)
Taiwan's Ministry of Transportation announced that highway passenger transport basic fares are expected to reach the adjustment threshold in May due to rising oil prices. However, actual ticket prices will not be adjusted, with subsidies of NT$120 million for highway buses and NT$1.5 billion for taxis planned from May to December. This measure aims to keep public transport fares stable as instructed by the Executive Yuan.
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Frequently Asked Questions
- Q: Will highway bus fares increase?
- A: Although the basic fares will reach the adjustment threshold, actual ticket prices will not be adjusted due to government subsidies.
- Q: Will taxis also receive subsidies?
- A: Yes, taxis are also being considered for public transport oil price subsidies, with an estimated expenditure of approximately NT$1.5 billion from May to December.