PESHAWAR: Bus Rapid Transit (BRT) incurred a deficit of Rs 1.88 billion during the last financial year.
BRT has incurred a total loss of Rs. 4.67 billion and Rs. 3.3 million in two years while BRT has estimated a deficit of Rs. 2.79 billion during the current financial year.
In the first 10 months of the last financial year, BRT incurred an expenditure of Rs. 1.92 billion while the expenditure during the current financial year is estimated at Rs. 2.96 billion.
BRT received only Rs. 39.9 million in tickets from passengers and is expected to earn Rs. 121.643 million from ticket sales.
On the other hand, Provincial Minister for Transport Shah Mohammad Wazir has attributed the deficit to low fares of buses.
He said that we have kept the fares low on the directive of Prime Minister Imran Khan. Increasing the fares will be a burden on the people.
The provincial transport minister also said that the construction of plazas in the city would reduce the deficit.
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