The government on Monday reduced bus fares by3 paisa per kilometre following the reduction in oil prices.
The Bangladesh Road Transport Authority (BRTA) has issued a circular in this regard.
According to circular, the new fare will come into effect from tomorrow.
Earlier, BRTA this morning recommended for reducing bus fares at a meeting held at its headquarters in the capital by 3 paisa per kilometre following the reduction in oil prices.
After the recommendation bus owners also agreed to the proposal.
As per the recommendation, long-distance bus fares should be fixed at Tk2.12 instead of Tk2.15 per kilometre, while in Dhaka and Chattogram cities, the fares should be set at Tk2.42 instead of Tk2.45 per kilometre.
The government on Sunday set the automated retail prices of petroleum fuel for the month of April with effect from Monday.
As per the new price list, the diesel and kerosene will be sold at Tk106 per litre instead of the previous price at Tk108.25, lowered by Tk2.25 per litre.
The prices of octane and petrol have been kept unchanged at Tk126 and Tk122 per litre, respectively.
The first automated price came into effect on 8 March. Diesel and kerosene prices were re-fixed then at Tk108.25 per litre lowering by 75 paisa from Tk109 per litre.
Besides, octane price was reset at Tk126 reducing by Tk4 from Tk130 per litre, while the price of petrol was fixed at Tk122 per litre lowering by Tk3 from Tk125 per litre.