Passenger train Fare increased starting from November 5 2008.
Mongolia Railway increased its passegner train fare by 50% starting form November 5 2008. Accordiing to Mr. M.Gantulga, the Head of the economy department of Mongolia Railway, it loss reached to 20 billion MNT, because it compensates loss of passenger train service by transiot transport profit. Therefore it increased its passenger train fare by 15 MNT per kilometer and in doing so it can improve its employees living and housing issues and increase their salary around 500 thousand MNT. It also will by 30 new locomotives, using Millenium Challenge funding of 188 million US$.
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