Calculation and Source of Funding for Subsidy to Cover Costs from Deferred 9.4% Increase in Public Transport Fares

Written Reply to Parliamentary Question

Mr Chua Kheng Wee Louis asked the Acting Minister for Transport in relation to the further additional subsidy of more than $200 million for 2026 to cover the deferred 9.4% fare adjustment quantum for public transportation 

a.     how was the subsidy quantum derived by the Ministry; and

b.     what is the source of such funding.

Reply by Acting Minister for Transport Jeffrey Siow:

1.     The $200 million amount is an estimate based on projected public transport revenue for 2026 and the deferred fare quantum of 9.4%. This will be drawn from the Consolidated Fund.