No chance for fuel subsidies

No chance for fuel subsidies

No chance for fuel subsidies

Written by Staff Writer

05 Oct, 2018 | 10:11 am

Colombo (News1st): The Ministry of Petroleum Resources Development states that there is no possibility to provide subsidies for fuel.

According to the secretary of the Ministry Upali Marasinghe, an additional Rs. 4 billion is spent each month for Fuel.

He added that this figure is expected to increase due to the depreciation of the rupee against the US Dollar.

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