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Madrid will maintain the 30% reduction on public transport fares if the central government also does so

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Madrid will maintain the 30% reduction on public transport fares if the central government also does so

The region’s 2025 budgets envisage it and the executive urges Moncloa to clarify whether it will continue the aid

Metro garages in Loranca Ignacio Gil

10/30/2024

Updated at 2:05 p.m.

The significant reduction in Madrid public transport fares will continue in the region “if the central government maintains them”. This was clarified this Wednesday by the Minister of Economy and Finance, Rocío Albert, during the presentation of the regional budgets for 2025.

Seasonal subscriptions and tickets for ten trips within the Community of Madrid have benefited from price reductions of up to 60 percent for more than a year. This is the result of the anti-crisis measures implemented by the national government and to which the autonomous community has adhered.

Initial reductions were 30 per cent by central government, which provided this figure if regions agreed to join in, with a further reduction added to this 20 per cent, to leave the final fares at half price. But Madrid went further and cut rates by 30 percent, bringing the final savings to 60 percent.

But these cuts end at the end of the year, and no one has yet clarified what will happen from January 1. This Wednesday, the Minister of Economy announced that the Madrid government would maintain its reduction if the central executive also did so. And he asked La Moncloa to rule on this issue as quickly as possible. In other years, it was not known whether or not the central government continued its aid until the last days of the year.


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