The City Government authorized the increase in cab’s fare

Argentina, October 28, 2012

From the zero hour today, the second increase in cabs of the City of Buenos Aires took effect.

The minimum fare is now worth 9.10 pesos, and each tab, 91 cents, between 6:00 and 22:00 and during the night time is 11 pesos to 1.1 pesos, respectively.

The two increases this year were agreed by the Secretary of Traffic and Transportation with unions that group cab owners.

They argued that: “The increases offset the costs of maintenance of the units, the effect of inflation on wages of the laborers and promote the renewal of the fleet.”

The 3622 law, passed two years ago, enabled the city government to ‘keep the cab fare in order to ensure a good level in the provision and authorized to review and, if necessary, update every six months ‘.