The National Transport Commission (NTC) has announced that bus fares will not be increased, despite the recent revision in fuel prices.

Earlier today (01 Feb.), the private bus owners’ associations urged for immediate measures to be taken to increase the bus fares in correspondence to the continuous increasing of fuel prices.

A statement issued by the NTC states that increased diesel prices should increase the running cost by 4% or more for bus fares to be increased and last night’s price increase only increased the running cost by 2.61%.