Taxi fare will be going down

The price regulating agency is going ahead with a reduction in taxi fares even though industry representatives have protested.

The rate for the first kilometer will go from 645 to 625 colons, a cut of 20 colons or about four U.S. cents. The additional kilometers will be charged at 600 colons instead of 625 colons.

Rural taxis also will see a fare reduction, as will taxis designed for the disabled.

The Autoridad Reguladora de los Servicios Públicos said lower fuel prices and the fact that the taxi fleet averages 10 years of age were reasons behind the cut. The agency also cited lower costs of repairs and a more favorable dollar exchange rate.

The decreases come despite a rule that taxi drivers must have an audible taxi meter for the benefit of the blind. Those cost more than $500 instead of the tradition meter, called a maria, which goes for a bit more than $200.

The new fares go into effect the day after publication in the official newspaper, La Gaceta.

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