Saturday, November 02, 2024
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Fuel price revision in the offing?

Government sources say that there is a plan to reduce fuel prices soon.

Accordingly, it is planned to grant fuel relief after considering prices in the world market.

It is said that the price of petrol, diesel and kerosene will be reduced considerably.

Fuel prices in the world market have come down considerably in the wake of the Covid-19 pandemic.

Commenting on fuel prices, Minister Amaraweera had said the government intends to maintain the fuel prices at a steady rate.

“Profits from fuel prices will not be spent on other activities, it will be maintained as a separate fund, which could be used to provide other relief for involved parties if required, including private bus owners,” he has said.

(Mirror)