Relief will be provided to public through fuel price revision: Energy Minister

Date:

By: Isuru Parakrama

Colombo (LNW): Relief will be provided to the general public through a fuel price revision in April this year, said Power and Energy Minister Kanchana Wijesekara, speaking at a gathering in Minuwangoda yesterday (12).

The Minister added that the benefit of the strengthening of the Sri Lanka Rupee against the US Dollar will be conveyed to the public.

Accordingly, a price revision based on a fuel price formula will be carried out on the first day of every month, the Minister went on, adding that the government hopes to reduce the price of fuel in April, 2023.

Share post:

spot_imgspot_img

Popular

More like this
Related

Turning Dialogue into Delivery for UK–Sri Lanka Trade

While challenges persist in expanding trade between Sri Lanka...

Canwill Divestment Raises Legal, Fiscal, and Investor Confidence Questions

The Government’s renewed effort to divest its entire stake...

Coal Deal under Fire as Power Crisis Deepens

Sri Lanka’s coal procurement process has come under intense...

Untapped Quartz Wealth: Sri Lanka’s Mineral Sector at a Turning Point

Sri Lanka’s mineral sector is once again under scrutiny...