No fuel subsidy – bus fare revision tonight?

Date:

The decision regarding a bus fare hike will be tabled in the Cabinet today (14) and it is very likely that the revised bus fares will be announced tonight, Transport Minister Dilum Amunugama revealed.

Although the bus association had initially sought a fuel subsidy, such a move will be not possible, Amunugama said, adding that a common ground has also been reached in this regard during the discussions held with them.

Accordingly, the revised bus fares are very likely to be announced tonight instead of providing a fuel subsidy, he noted.

It has been proposed to increase the minimum bus fare up to Rs. 19 – 20 and other bus fares by 13 – 15 per cent.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Horton Plains Witnesses Spectacular Bloom of Elusive Nelu Flower After Over a Decade

Horton Plains Witnesses Spectacular Bloom of Elusive Nelu Flower After Over a Decade

Crypto Surge Spurs Sri Lanka to Tighten Regulatory Oversight

Crypto Surge Spurs Sri Lanka to Tighten Regulatory Oversight

Donor Funds Idle as Northern Development Projects Stall in Sri Lanka

Donor Funds Idle as Northern Development Projects Stall in Sri Lanka

Sri Lanka’s Vehicle Import Revival Boosts Revenue, Tests Forex Stability

Sri Lanka’s Vehicle Import Revival Boosts Revenue, Tests Forex Stability