Sri Lanka, July 1 -- The Cabinet has approved a proposal submitted by the Transport, Highways and Urban Development Minister to revise bus fares in line with recent fuel price changes that came into effect on June 30, 2026.

Accordingly, the National Transport Commission (NTC), which is mandated under the current fare policy to announce annual bus fare revisions on July 1 each year, has appointed a committee to review and update the existing fare formula and structure.

The committee has been tasked with submitting recommendations for revising the bus fare index, taking into account multiple factors, including frequent fluctuations in fuel prices, rising operating costs linked to the ongoing war situation in the Middle East since Februar...