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Israel to hold public transportation fares steady until 2027 after inter-ministry agreement

 
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Israel’s Transportation and Finance ministries agreed Monday to freeze public transport fares until 2027, a move approved by the Knesset’s Economics Committee.

The freeze is conditional on passage of the state budget; otherwise, an alternative funding source of about NIS 20 million per month would be needed, a Transportation Ministry official said.

Fares had been set to rise in April and June, with the blocked hike expected to raise prices by 12%.

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All Israel News Staff

The All Israel News Staff is a team of journalists in Israel.

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