INSUBCONTINENT EXCLUSIVE:
13) with regard to the issues faced by them in the face of the hefty increase in fuel prices.The meeting commenced at 11.00 a.m
today at the Transport Ministry.Lanka IOC and Ceylon Petroleum Corporation (CPC), citing the significant depreciation of the Sri Lankan
rupee against the US dollar, announced record fuel price hikes earlier this week.Thereby, the bus owners called for a diesel subsidy or an
increase in bus fares as a solution
They noted that the minimum bus far need to be raised to Rs
30 and the remaining charges by 25% - 30% if a fuel subsidy is not provided.The Transport Minister stated that attention would be paid to
providing a fuel subsidy without increasing bus fares.It is also reported that a discussion was held between the Transport Minister and
operations from midnight today, in protest of the fuel price hike.
This article first appeared/also appeared in https://adaderana.lk
