MP Shanakiyan questions whether Rs. 41 billion fuel subsidy is reaching consumers
Sri Lanka, Nov. 6 -- Batticaloa District Member of Parliament Shanakiyan Rasamanickam has raised concerns over whether billions of rupees allocated by the Treasury for fuel subsidies are providing meaningful relief to consumers, calling for greater transparency in the use of public funds.
Speaking in Parliament on Friday (06), the MP questioned the rising cost of fuel, the profitability of the Ceylon Petroleum Corporation (CPC) and the growing financial pressure on ordinary citizens.
He sought clarification on whether consumers had received the full benefit of the Rs. 41 billion allocated to the CPC between April and June 2026 through reductions in fuel prices.
Rasamanickam noted that the CPC had reported a net profit of Rs. 29.2 billi...
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