Fuel QR system to be strictly enforced to curb forex outflow: Minister
Sri Lanka, June 1 -- Minister of Ports, Civil Aviation, and Energy, Anura Karunatilake said today that the government intends to strictly enforce the existing fuel QR code system moving forward.
Speaking at a press conference, the Minister said that the primary objective during this crisis period is to limit fuel consumption to mitigate its adverse effects on the national economy.
Minister Karunatilake said that despite a noticeable reduction in fuel usage following the introduction of the QR and quota systems, consumption levels have still not decreased to the country's target requirements.
"With the sharp rise in global fuel prices, a massive amount of foreign exchange is flowing out of the country," the Minister explained. Providi...
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