Rates for Taxis, Parking Meters and VTV will rise in the city of Buenos Aires

Rates for Taxis, Parking Meters and VTV will rise in the city of Buenos Aires

The Buenos Aires rates for taxis, VTV and parking meters will register increases, that in some cases will reach 100% during February, after public hearings are held next week to move forward with those adjustments.

The increases will be well above the inflation reported by the National Institute of Statistics and Censuses (Indec), which was 36.1% in 2020.

In the case of taxis – one of the services that increased the most in the last decade – the increase is expected to be 44% in two sections: February and April.

Thus, in February, the daytime record will go from $ 5.95 to $ 7.14, the night token will jump to $ 8.57 and the flag drop will cost $ 71.40,

In April, passengers must pay a day token that will rise from $ 7.14 to $ 8.57, while the night token will be $ 10.28 and the flag lowering will go to $ 85.70.

“The last increase in the value of the taxi token was in February 2020, since then the GNC increased 32%, and represents 41% of the cost of taxi drivers,” the City had explained when announcing the implementation of the increase. .

In April, passengers must pay a day token that will rise from $ 7.14 to $ 8.57, and the lowering of the flag, to $ 85.70, while the night rate will be $ 10.28

While, the adjustment in the Vehicle Technical Verification (VTV) will be at 45%, with which the price for cars will jump from $ 1,838 to $ 2,665. For motorcycles, the jump will be from $ 691 to $ 1,002, according to what is stipulated.

As reported, the generalized increase corresponds to the adjustments that “enable the operation of services, their maintenance and operation under safety standards.”

The parking meters will also have an update, which will go from $ 15 to $ 30, in a scenario in which the Buenos Aires government argued that it is out of date compared to other cities, where it already exceeds $ 33.

Parking meters in the City of Buenos Aires will increase from this month
Parking meters in the City of Buenos Aires will increase from this month

However, In the last week of February, the public hearing will be held to increase the price of the subway ticket, which will have a 43% adjustment in two stages. So it will go from $ 21 to $ 30, while the pre-meter will go from $ 7.50 to 10.70 pesos.

According to official sources, this new update contemplates that the tiered rate system through the SUBE and Monedero cards remains in force.

The first stage will take place in March 2021 when the cost will be $ 25.50. And the second stage will take place in April or May 2021, in which the value of the subway will jump to $ 30, to define the implementation according to the Public Hearing.

According to official sources, this new update contemplates that the tiered rate system through the SUBE and Monedero cards remains in force. In that sense, discounts of 20%, 30% and 40% are automatically applied to each passenger once 20, 30 or 40 monthly trips are exceeded, respectively. In addition, retirees and pensioners, people with disabilities and those who have a student ticket do not pay the pass.

This increase is a consequence of the adjustment in the Fixed Unit that regulates the value that must be applied in an infringement and must be updated every six months, according to Law 451.

Article 20 of Law 451 establishes that “each Fixed Unit will have a value equivalent to half a liter of higher octane gasoline reported by the Automobile Club Argentino headquarters and will be established for six-monthly periods.”

Ben Oakley
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