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If you raise the age of free subway rides to 70, you will lose 152.4 billion won.jpg

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(1)MT Money Today
(2)The age of free ride on a single subway train is 70 years old.
(3)If you raise it, you’ll lose 152.4 billion won.
(4)Input 20230203 AM 530 Modification 20230203 AM 744
(5)Reporter Ki Sung-hoon.
(6)1 family.
(7)Seoul Mayor Oh Se-hoon Photo = News 1
(8)It is a desperate measure considering that there has been no increase in fares for eight years and that even if it is raised by 300 won to 400 won, it is far below the cost of transportation. If central government support from the Ministry of Strategy and Finance for free subway transportation is provided, the fare increase can be adjusted.Seoul Mayor Oh Se-hoon
(9)With the Seoul Metropolitan Government’s announcement of a subway fare hike in April, controversy over free rides for senior citizens aged 65 or older, who are considered the main culprit of the subway’s chronic deficit, has resurfaced.

However, even if it is raised to 70 and saved 150 billion won, it will be inevitable to raise fares even if the free ride system itself is abolished.

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