Home arrow News Archives arrow General News arrow Fare increase demanded

Login

Search Mongolia

Syndicate

Latest comments

Mongolian from Natio...
oops. obviously we didnt attend neither....sorry for this si...
More...
By admin

Mongolian from Natio...
The headline says Princeton but the story says Stanford. The...
More...
By old friend

Malaysia warned of d...
Dear Sir, These 3 sites will explain my urgency for your p...
More...
By guruchell

Now Online...

No Users Online
Fare increase demanded PDF Print E-mail
Friday, 23 December 2005
UB Post Reports:

With the recent increase in petrol prices, public transportation companies are again asking for government assistance to cover their heavy losses. The price for petrol raised Tg 30-40 per liter on December 15 and because of the frozen ticket price enforced by the government ten years ago public transportation companies are showing signs they will not be able to recover.
Representatives from the companies explained that at the current fare price, established at Tg 200 in 1992 when the price for petroleum was Tg 270 per liter, companies have no way to pay the salaries of their workers. Since 1992 petroleum prices have raised so dramatically that many companies today face extinction due to debt worth more than Tg 140 million in social insurance premiums.

G. Baldansharav, Vice chairman of the Capital City’s Public Transportation Regulation Board said that the bus fare might be raised in January because there seems to be no other way to fix the problem. If the government won’t raise the ticket price they will be required to pay a high amount in compensation to each of the companies.

The last raise in petroleum price forced 3 bus companies to limit their transportation service to just 4 days of the week. Though now running again on schedule many transportation companies are taking petroleum on loan until a decision is made by the government.

  Be first to comment this article
RSS comments

Only registered users can write comments.
Please login or register.

Powered by AkoComment Tweaked Special Edition v.1.3.0

 
< Prev   Next >

Mongolia Websites

During the Stalinist purges of the 1930's almost every monastery in Mongolia was destroyed. In 1979 an atlas was published in Ulaanbaatar by Mr. Rinchen with an overview of more than 900 religious sites that used to exist in Mongolia. However a lot the information listed seems to be not accurate. A research has been initiated to get a better idea of all the buddhist buildings that once stood in Mongolia.