Seoul Subway Deficit Tops 800 Billion Won, Up 70% in Five Years on Aging

Seoul Subway Deficit Tops 800 Billion Won, Up 70% in Five Years on Aging

The deficit at Seoul Metro, the operator of Seoul’s subway system, exceeded 800 billion won last year. With losses from free rides for those aged 65 and older approaching 450 billion won, debate over the need for government support and system reform is intensifying again.

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