Sri Lanka, July 3 -- The National Transport Commission (NTC) announces that the annual bus fare revision will come into effect from midnight on the upcoming July 05.

The statement also includes details regarding the new fares that will be implemented from that date.

The approval for the annual bus fare revision was granted at the Cabinet meeting held on the 30th of last month.

The new revisions are as follows:

1. Considering only the changes (increases) in the cost factors included in the fare formula, the bus fare for ordinary bus services under 100 kilometers increased by twelve percent (12%).

2. Considering the changes (increases) in cost factors included in the fare formula and the removal of anomalies in the fare structure, incr...