October 2, 2022
Despite the reduction in diesel prices in Sri Lanka

Despite the reduction in diesel prices in Sri Lanka

Despite the reduction in diesel prices in Sri Lanka, there is no relief in South Asia

Sri Lanka has reduced the price of diesel due to lower fuel prices in the international market.

Sri Lanka has reduced the price of diesel by Rs 10 per litre. News Colombo Page.

According to media reports, the country has implemented new bus fares by 11.14 percent from Thursday (04 August) night.

The Director General of Sri Lanka’s National Transport Commission (NTC) confirmed the matter.

Neelan Miranda

He said, “Recently, the price of one liter of diesel has been reduced by Rs. 10, so the bus fare will be reduced to facilitate the passengers.”

From now on, the minimum bus fare in the country is Rs. 34 (about Rs. 9), which was Rs. 38 (Tk. 10) earlier.

As announced by the NTC, the fares for all types of private and Sri Lanka Transport Board (SLTB) operated vehicles have been reduced.

However, passengers traveling through the expressway will have to pay the previous fare

Despite the reduction in diesel prices in Sri Lanka

NTC also said that mobile teams have been deployed to monitor whether correct fares are being charged from passengers.

It has also been asked to call the national helpline and report the complaint if there is any extra fare.

Earlier, on August 1, Sri Lanka’s state-owned Ceylon Petroleum Corporation announced a reduction in diesel prices by Rs 10 per litre.

Diesel is currently being sold at Rs 430 per liter in the country, which is equivalent to Rs 113 in Bangladeshi currency.

Besides, 92 octane is selling at Rs 450 (approx. Rs. 118), 95 octane is Rs. 540 (approx. Rs. 142) and kerosene is being sold at Rs. 87 (approx. Rs. 23) per litre.

Meanwhile, the World Bank said that there is no new financial plan for Sri Lanka which is suffering from economic crisis.

The international lender said there was no immediate offer of financial assistance to the island nation until an appropriate “macroeconomic policy framework” was put in place.