Published Monday, 30 December 2013
Bus fares have been frozen for next year. (© UTV)
Translink fares were expected to rise by 3%, but will now be frozen at the current rate.
Minister Danny Kennedy had already recently confirmed that rail fares would not rise next year.
On Monday, he said that record levels of passenger growth on buses had made it possible to have an absolute zero increase.
"This announcement will have a positive impact on economic recovery. Bus and train users are being rightly rewarded for supporting Translink during 2013 and increasing passenger journeys to record levels," he said.
"Translink has performed better than predicted and has enabled the company to pass on the benefits to their thousands of customers," the Minister explained.
"I want to congratulate them for this performance and all their efforts in delivering a high quality public transport system."
Catherine Mason, Translink Group Chief Executive said: "This is the second time we have frozen our fares in recent years and is down to good business management and increasing passengers on board.
"Many of our customers tell us that using the bus and train is already a very cost effective way for them to travel - this news today will no doubt be very welcome to them particularly when other households costs for fuel, food and energy are increasing."
© UTV News