News
Govt. hints at possible fuel price hike
Prime Minister Mahinda Rajapaksa’s Office yesterday (20) said that a ministerial subcommittee discussed the sharp increase in crude oil prices compared to 2019 and 2020.
The PM chaired the meeting in the Committee Room 8 in parliament. The Cabinet subcommittee discussed ways and means of addressing the problems caused by crude price hike.
The PM’s Office said that ministers had discussed how to sustain public relief in the wake of further increase in expenditure. The subcommittee discussed the financial problems of the Ceylon Petroleum Corporation (CPC) and the Ceylon Electricity Board (CEB), among other things. The PM’s Office said that ministers had discussed how to sustain public relief in the wake of further increase in expenditure. The subcommittee discussed the financial problems of the Ceylon Petroleum Corporation (CPC) and the Ceylon Electricity Board (CEB), among other things.