Power and Energy Minister Kanchana Wijesekera has affirmed that the imminent revision of January’s electricity tariffs will remain unaffected by the recent Value Added Tax (VAT) hike. However, discussions arise on the likelihood of increased fuel prices shouldering the impact of this tax raise, sparking conversations about potential alternative measures to alleviate the consequent burden.
Addressing public concerns about the potential repercussions of the VAT hike on household expenses, Minister Wijesekera reassured the populace that the upcoming revision in January’s electricity bills will proceed as initially planned, devoid of any incorporation of the increased tax.
Despite apprehensions surrounding the price surge resulting from VAT adjustments, the Minister underscored the government’s steadfast commitment to ensuring an ample supply of fuel across the country. In light of previous fuel shortages experienced in Sri Lanka earlier this year, he vowed to undertake proactive measures to prevent any recurrence of such shortages in the future.
