The Ministry of Transport has not given an official announcement on how bus fares will be reduced in line with the reduction of fuel prices. However, private bus associations say that they are ready to reduce bus fares by 7 to 8 percent in accordance with the national policy.

The government reduced a litre of petrol by Rs. 33 while a litre of diesel was reduced by Rs.16 with effect from January 21.

Passengers also hope that, with the revision of fuel prices, that bus fares too would reduce.