Fuel subsidies will remain in place amid global price uncertainty, says minister
COLOMBO, June 25 -- Sri Lanka has not taken any decision to suspend fuel subsidies or reduce fuel prices, Energy Minister Anura Karunathilaka told Parliament on Thursday (25), citing continued uncertainty in global oil markets following the conflict in the Middle East.
Responding to questions raised by Opposition Leader Sajith Premadasa under Standing Order 27(2), the minister said the government would continue to monitor international fuel prices and pass on any benefits to consumers if prices decline and stabilize.
"The conflict in the Middle East has not fully ended and global fuel prices remain volatile," Karunathilaka said, adding, "If prices come down and stabilize, the government will certainly pass those benefits on to the peopl...
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