Providing decent public transportation services has always been a major concern of urban managers.
Now that the draft budget bill for the fiscal 2020-21 has determined the financial resources for municipalities, officials are devising plans to streamline the ailing transport services in megacities like Tehran and Shiraz.
On Tuesday, Mohsen Hashemi, chairman of Tehran City Council, said the budget bill for the next fiscal year (starting March 20) has allocated 50 trillion rials ($370 million) to Tehran Municipality, 34 trillion ($251.8) of which will be spent on public transportation networks, ISNA reported.
Due to economic constraints and the prevailing stagflation, urban development projects are expected to cost TM 43% higher in the fiscal 2020-21 compared to the current year’s budget.
"TM is negotiating with the council and higher authorities for a 25% increase in budget," Hashemi said.
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