As Minister for Transport, I have responsibility for policy and overall funding in relation to public transport. The National Transport Authority (NTA) has responsibility for the regulation of fares charged to passengers in respect of public transport services provided under public service obligation (PSO) contracts.
As the Deputy is aware, a number of fare initiatives were introduced in 2022, including the Young Adult Card Scheme which provides a 50% reduction in public transport fares for those aged 19-23 and those in full-time third level education. Funding was secured under Budget 2023 for the continuation of the Young Adult Scheme.
The PSO programme represents a significant expenditure of taxpayers' money, and funding has increased in recent years to cater for additional services and growing capacity. The PSO Programme budget is agreed with the Department of Public Expenditure, NDP Delivery and Reform on an annual basis as part of the formal budgetary process.