Govt signals possible relief for public in future as global oil prices decline
Srilanka, June 26 -- Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando says the government expects to provide relief to the public in the future in line with the decline in global fuel prices.
Speaking at a press conference held at the Department of Government Information today (26), the Minister said the government has so far provided a fuel subsidy of Rs. 57 billion for fuel, which is scheduled to end this month.
He stated that a policy decision will be taken on whether the subsidy can be provided again, stressing that the government does not intend to place an unnecessary burden on the public.
The Minister noted that the government had to slightly increase domestic fuel prices following the sharp rise in global oil...
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