Subway Funding

Subway Funding Subway Funding

Although the Tehran Municipality recommended a 6.8% increase in the metro budget for its expansion in the next fiscal year (starts March 20), “we are planning to increase the budget by 8.3%,” said Alireza Dabir, head of the Plan and Budget Commission of Tehran City Council.  “We have planned to allocate $567 million for expansion of the subway and its maintenance in the upcoming fiscal year,” that starts on March 20, ISNA quoted him as saying.  However, the funds allocated for asphalting pavements is 30% less than the amount sought by the TM, he added.