Project: freight rail tariffs proindeksirujut 9% passenger fares by 4%

MOSCOW, 24 Oct. The draft Federal budget for 2016 envisages indexation of tariffs for cargo rail transportation by 9%.

“In 2016 the increase will be determined taking into account the lack of budgetary subsidies, to further optimize our costs and will be 9%,” — said in a forecast for 2016, which the government submitted to the state Duma within the package of budget documents. The documents published in the database of the lower house of Parliament.

To prevent an excessive rise in transport costs in 2017-2018, the growth rates will be more restrained — the indexation will be close to the inflation target in these years, the document says.

“Will be revised with development priorities of the railway infrastructure, the purpose of which will be an adaptation of the investment program of “Russian Railways” to the changing conditions of the Russian economy”, — stated in the forecast.

The increase of the tariffs for passenger transportation in 2016-2018 will be limited to 4% to 4.5% annually. “Will change the approach to subsidising passenger transport long-distance by switching to a model of public order traffic, social importance and commercial liberalization”, — explained in the document.

This transition will be accompanied by optimization of the route network, development of standard transport service and enabling the quality of the carrier’s tariff system, conclude the authors predict.