The Cabinet has agreed with Ministry of Transportation on raising the metro ticket price to start at LE1.5 for nine stops, reaching LE3 for all stops of the three metro lines, governmental sources said.
The decision will be applied in January after new smart gates are installed.
The stops were divided into four categories, the sources added. First one will include nine stops for LE1.5, second will include 15 stops at LE2, third one will include 25 stops at LE2.5 and the fourth will include all the stops for LE3
The sources blamed the decision on the huge deficit in financing the rest of stages of the third line as well as the fourth line which will link between al-Malek al-Saleh stop reaching out to 6 October city at costs of LE20 billion.
Estimates by Transportation Ministry showed a 10 percent increase in number of passengers since fuel prices were raised in July.
Edited translation from Al-Masry Al-Youm