Publications and Papers
| S/N |
Date of Publication |
Title of Publication |
1 |
Feb 2005 |
 |
This report sets out the findings and recommendations of the Committee on the Fare Review Mechanism led by the Government Parliamentary Committee (GPC) on Transport as published in 2005. It explains the rationale and mechanism of the fare review framework adopted by the Government since then. The framework is based on the price-cap model of price regulation and not the rate-of-return model. In the PTC's annual fare adjustment exercise, approval for fare adjustments, if any, is guided by this adopted framework. |
|
Please download the acrobat reader 
to view the files below.
