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Bus fare hike from tonight
Bus fares have been increased from midnight today. The reason for this difference in bus fares is because of increase of fuel prices.
Bus associations have sounded an alarm saying that not agreeing to an increase of six.five percentage and minimal rice of 10 would result in an islandwide strike as they are not in favour with it and that a
twelve.five percentage is what they require. Under such circumstances the government resorted to a flexible compromise. The cabinet approval also was received on the price hike. After this approval was granted, the said price hike would go into operation from midnight today.
twelve.five percentage is what they require. Under such circumstances the government resorted to a flexible compromise. The cabinet approval also was received on the price hike. After this approval was granted, the said price hike would go into operation from midnight today.
What Deputy Minister of Transport, Mr. Ashok Aeysingha said was that in these circumstances the minimum price of 10 would thus become 12 and that what was earlier at 13 would subsequently be fifteen. It has also been mentioned that this price hike was effected with no price hike coming into force for a period of 2 years. On the other hand what Consumer Associations remark is that as fuel is made available at a cheaper price by the present government than the previous regime, this price hike is not justified.