COLOMBO (NewsRadio); Bus fares have been reduced by 12.9 percent with effect from midnight tomorrow.
Accordingly, the minimum bus fare will reduce from Rs.34 to Rs.30.
The bus fare reduction comes in line with today’s fuel price reduction.
Acting Minister of Transport Lasantha Alagiyawanna said all fares will be revised by 12.9 percent from midnight tomorrow.
He said the fares of luxury and expressway buses will also be reduced.
It was announced earlier today that domestic fuel prices will revised with effect from midnight.
Accordingly, the price of a litre of Octane 92 petrol has been reduced by Rs. 60 to Rs. 340.
The price of a litre of Octane 95 petrol has been reduced by Rs. 135 to Rs. 375.
Meanwhile, the price of a litre of Auto diesel has also been reduced by Rs. 80 to Rs. 325.
The Ceylon Petroleum Corporation said the price of a litre of Super diesel will come down by Rs. 45 to Rs. 465.
Furthermore, the price of a litre of Kerosene oil will be reduced by Rs. 10 to Rs. 295 from midnight.
Lanka Indian Oil Corporation also announced that it will revise domestic fuel prices with effect from midnight.
LIOC informed customers that the fuel prices at LIOC filling stations will be the same as at Ceylon Petroleum Corporation-run filling stations from midnight.