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Bus fares may come down next year

Oct 5, 2010 11:30:57 AM - itnnews.lk

Bus fares may come down next year. This was revealed by Minister Kumara Welgama. He was launching a new SLTB service from Panadura to Walpola and Pasman Junction.

The Minister said that a massive protest was launched to increase fares of private buses. They cannot increase fares as they want, as there is a separate policy in this respect. He pointed out that bus fares may come down by next year as the bank interest rate has declined. Such a decline in the bank interest rate is that prices of everything will come down. Although, the private buses think that the fares may go up, the Minister said he considered that it will decline.