Quota system to be introduced next month to reduce fuel consumption (VIDEO)

Date:

A quota system will be introduced by the Energy Minister next month in a move to reduce the consumption of fuel, revealed Mass Media Minister Bandula Gunawardena, speaking to the briefing held at the Department of Government Information yesterday (13).

“There are no easy problems to be solved pertaining to fuel, gas and electricity, which means we have no dollars. The forex crisis is that we have no dollars to repay the debt instalments. So the Power and Energy Minister is engaged in a great struggle dealing with the banking system to face that crisis. It is difficult to create easy conditions in the market in the short term. Therefore, we have to implement alternative methods and slash the consumption by introducing a quota system [at his intervention] from next month. Providing quota, it will give more priority to public transport. Neither having fuel stocks but denying supply nor ignoring the requests to supply fuel is what we do. What the Ministry is trying to do is distribute the amount of fuel available in the country and somehow maintain the essential services.”

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

From Megaphones to Motorcades: Can AKD Deliver the ‘New’ Sri Lanka?

By Faraz Shauketaly This morning taking a long, hard look...

Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...