Cabinet has approved a bus fare hike of 6.56 per cent effective from tomorrow (16).
However, the current minimum fare of Rs.10 will not change.
The decision to hike bus fares was taken in light of the recent hike in fuel prices.
Private bus unions had been seeking a fare hike between 10 and 20 per cent.
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Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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