Possible JUTC fare increases tomorrow
The Ministry of Transport is expected to hike bus fares tomorrow.
In a release earlier the ministry said it has become necessary to re-visit the fares charged by the JUTC as since the last fare increase on September 2, 2013, its operational costs have continued to increase with no corresponding increase in revenues.
According to the release the proposed new fare structure is expected to result in significant improvement in the operating revenue and would ultimately affect the bottom line of the Company positively.
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