The FINANCIAL — The Kyiv city state administration has increased the cost of subway fare from UAH 1.7 to UAH 2 per trip from September 6.
This is disclosed in the resolution of the Kyiv city state administration No.569 of August 5.
The resolution was published in a municipal newspaper Khreschatyk on September 6.
According to subway employees, the tokens will not be changed and the citizens with tokens bought before the price rise will be able to continue using them.
As Ukrainian News earlier reported, the Kyiv municipal administration decided to raise the subway fare from UAH 1.7 to UAH 2 on August 28.
The Kyiv municipal administration raised public transport fares by a factor of 3-4 to UAH 1.5-2 on November 4, 2008.
However, a working group set up by the Cabinet of Ministers and the Antimonopoly Committee recommended that the Kyiv municipal administration lower the transport fares after investigating the economic justification for the new fares.
As a result, the municipal administration lowered the transport fares by UAH 0.3-0.5 to UAH 1.5-1.7 and increased the cost of travel cards by 15-150% from January 31, 2009.