COLOMBO (News 1st); The National Transport Commission (NTC) said that revised bus fares are being calculated following the increase in fuel prices.
The Director-General of the NTC Nilan Miranda said that the revised bus fare will be submitted to the Ministry for approval on Tuesday (24).
The Chairman of the Lanka Private Bus Owners' Association Gemunu Wijeratne said that the National Transport Commission has been informed to publish the revised bus fares at noon today (24) under the pricing formula.
In the meantime, Sri Lanka decided to revise fuel prices with effect from Tuesday (24) at 3 AM.
Minister Kanchana Wijesekera tweeted that the Fuel pricing formula that was approved by the cabinet was applied to revise the prices.