The Malta Independent 17 October 2026, Saturday
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Momentum wants funds allocated to shared cab initiative in Budget 2027

Saturday, 17 October 2026, 10:41 Last update: about 22 minutes ago

Momentum on Saturday called for Budget 2027 to prioritise immediate transport solutions over disruptive megaprojects that will take decades to deliver.

At the heart of the party's proposal is a Subsidised Shared Cab Initiative: a government-backed platform where taking a cab costs significantly less when shared with passengers travelling along the same route.

Under this scheme, the government would provide a yearly subsidy for the first two years, locking in low prices that do not surge at peak times during the day across 60 million passenger trips a year, Momentum said. A further investment would support upgrading existing cab platforms to connect to a centralised AI-driven shared-ride algorithm, while young people aged 15 to 24 and those aged 65 and over would pay a flat fare of €2 to encourage youth and elderly uptake and drastically decrease the number of cars on the road.

The initiative will cover its own cost to the country. The subsidy would cost €234 million, which is offset by €50 million in time savings, €42 million in fuel savings and €220 million less spent on imported vehicles, leaving a net national benefit of €78 million every year.

Alongside the shared cab scheme, Momentum proposed investing €150 million in 300 new buses running on high-frequency direct routes, €100 million to upgrade 2,000 bus stops, €100 million to create safe and walkable pavements, €20 million to expand the bus lane network and €2.1 million for accurate real-time transit information.

Every day, people across Malta and Gozo lose hours of their lives stuck in traffic. Frequent bus users know how overcrowded the network gets, especially at the country's main interchanges.  In reality, people are currently working a 6-day working week: 5 days at work and 1 day a week stuck in traffic, Momentum said.


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