economy
Transport Sector Reported an Increase in Idled Units
The transport union denounces that between 30% and 40% of units are out of service, affecting the sector due to the price of the fare.
TL;DR
- 30% to 40% of transport units are out of service in Venezuela as of 2026.
- Current urban fares are insufficient, leading to drivers operating at a loss.
- The union proposes linking fares to the daily euro or dollar exchange rate.
- Financing from the state has not adequately addressed the sector's demands due to high costs and excessive requirements.
- Fuel supply is inconsistent, with limited allocations and irregular delivery schedules.
- A proposal for a $30 monthly transport bonus for users has been put forward.
- A previous transport strike in March 2026 highlighted the issue of uncompetitive fares.
- The proposed fare of $0.50 USD is being discussed, with a willingness for further dialogue.