Madrid considers maintaining the transport subsidy, if the central government continues

The Madrid Minister of Economy, Employment and Finance, Rocío Albert, has stated that the regional Executive plans to maintain subsidies for public transport pending the decision of the central government; In the event that it is not maintained, the rates in Madrid will return to the original ones.

Oliver Thansan
Oliver Thansan
30 October 2023 Monday 22:32
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Madrid considers maintaining the transport subsidy, if the central government continues

The Madrid Minister of Economy, Employment and Finance, Rocío Albert, has stated that the regional Executive plans to maintain subsidies for public transport pending the decision of the central government; In the event that it is not maintained, the rates in Madrid will return to the original ones.

This was conveyed to the counselor this Tuesday during the press conference after the Government Council, in which he broke down part of the regional accounts for 2024, which begin their parliamentary process.

When asked if the regional Executive plans to maintain the rate reduction, Albert said that the Community of Madrid has the capacity to maintain the subsidy "but, if the Government of Pedro Sánchez does not extend the aid, it would return to the previous rates.

Aid for public transport was promoted in September of last year by the central government of Pedro Sánchez, which assumed 30% of the spending on the reduction, with the remaining 20% ​​corresponding to the autonomous communities.

However, the Government of Isabel Díaz Ayuso matched its aid to that of the Government, which means that Madrid residents enjoy a 60% discount.