Transport ministry steps in and halts planned highway toll increase

The Transport Ministry intervened Wednesday to stop a hike in toll-highway tariffs, which was set to go into force the same day.

The federal highways agency Capufe released a last minute statement on Wednesday to call off the hikes. “Capufe informs that the tariff adjustment to begin today will be suspended until further notice. This change follows instructions issued by the transportation ministry.”

Capufe, which is part of the ministry, announced a 7.36% average increase in toll prices on Tuesday, in a statement which has now been removed from its website. In the statement, it said the hike was a decision taken by the national infrastructure fund Fonadin and the state development bank Banobras.

The agency said at the time that the hike was in response to high inflation rates, which soared over 7% in 2021. It added that the funds raised from the increase would be directed to improving highways and bridges around the country.

The Cuernavaca-Acapulco highway from Morelos to Guerrero was set to increase more than 13% to 596 pesos (almost US $30) and the Circuito Exterior Mexiquense (México state Outer Loop Road) would have risen 9%.

There are 42 highways and 32 bridges — 12 of which cross borders — under the operation of Capufe. That means the agency is responsible for 44% of the national network of toll highways and 65% of the bridges.

With reports from Milenio and Infobae

Have something to say? Paid Subscribers get all access to make & read comments.
Education Minister Mario Delgado surrounded by school children at the opening of the National Days of Traditional Games in Mexico City on September 9

Education Ministry blames screen use for Mexican students’ falling scores

0
President Sheinbaum had already promoted regulations limiting cell phones' presence in schools, but if the ministry is right, the screens may be not just a distraction but instead an obstacle to learning.
Price signs on a display of onions in a market

Mexico’s inflation rate rises to 3.26% in August, ending 4-month decline

0
After four months of falling inflation, Mexico's rate just reversed course. Here's what's driving the uptick, and why more rate cuts look unlikely this year.
Maps shows temperatures across Mexico on Sept. 10; yellow polygons indicate rain warnings in northwest Mexico while in the Pacific, Tropical Storm Norbert heads out to sea

While Mexico’s northern border states deal with a heat alert, monsoon conditions drench the Pacific Coast

0
Mexican states not baking from the combined effects of low-pressure troughs and Tropical Wave 37 are likely getting drenched from monsoon conditions. A few states — such as Sinaloa and Guanajuato — are experiencing both.
BETA Version - Powered by Perplexity