Director General of the National Transport Commission Nilan Miranda says a calculation is being carried out at present to determine the percentage by which bus fares can be reduced after diesel prices were reduced on two occasions by Rs.25.
He said the price of a litre of diesel was reduced by Rs.15 with effect from today (3) and efforts are underway to implement a bus fare reduction as well.
Miranda said the calculations will be forwarded to the Minister of Transport today and if approved, will be made public.
He added that bus fares of both Sri Lanka Transport Board and private buses will be revised under such circumstances.
Miranda also stated that a decision in this regard will be announced in two days adding that the NTC is striving to ease the burden on the public.
Meanwhile, Minister of Transport and Highways Bandula Gunawardana said a discussion will be held tomorrow at 10am pertaining to fares of buses deployed on expressways.
The Minister said the talks will be held with the National Transport Commission.
