NTC Announces 0.55% Bus Fare Reduction Effective July 4 - LNW Lanka News Web

NTC Announces 0.55% Bus Fare Reduction Effective July 4 - LNW Lanka News Web

The National Transport Commission (NTC) has announced a 0.55% reduction in bus fares, effective from July 4. This decision follows the latest fuel price revision carried out under the fuel price formula. In a statement issued yesterday, the NTC noted that the annual bus fare revision—traditionally implemented on July 1—had initially indicated a 2.5% reduction for 2025. However, after evaluating the most recent changes in fuel prices, the Commiss…

Sri Lanka cuts bus fares by 0.55%

The National Transport Commission (NTC) has announced a 0.55 percent reduction in bus fares in Sri Lanka, effective from July 4, 2025. In a statement, the Commission explained that although the annual bus fare revision for 2025 indicated a 2.5 percent decrease, monthly fuel price adjustments based on the fuel price formula led to a final decision to reduce fares by only 0.55 percent. However, the Commission emphasized that the minimum fare will …