(1)Sejong City will provide all city buses free of charge from January 2025
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(2)I decided to do it. The budget needed for this is 18 billion won per year
(3)Sejong City is the first metropolitan and local governments in the country to make bus fares free of charge
(4)Sejong City will make all city buses free of charge in January 2025, but Sejong Transportation Corporation, which operates 46 out of 58 city bus routes in the Sejong area, has accumulated debt and deficits every year According to the recent comprehensive audit by the Sejong City Audit Committee, the debt of Sejong Transportation Corporation was tallied at 20 billion won as of 2021. It increased 16 times from 1.36 billion won when the construction was launched in 2017 The deficit also increased every year, reaching 1,627 billion won in 2020 to 2.152 billion won in 2021
Free city buses
The deficit is 20 billion won. That’s free
Most people in Sejong City are above middle class
Is Sejong Mayor sane
And it won’t hurt the central government in a few years because it’s under budget
If that’s the case, the government shouldn’t give a penny