Jan 22, 2015 (LBO) – Sri Lanka’s government will lose 65 billion rupees revenue per year by reducing the fuel prices from tax cut, Champika Ranawaka, Minister of Energy said today.
He said the manifesto promised only a 40 billion rupee tax cut.
Sri Lanka’s energy prices have not been brought down even though the international prices fell.
The Minister said fuel and electricity prices would be decided by formula and electricity prices will be revised in June.
He said the manifesto promised only a 40 billion rupee tax cut.
Sri Lanka’s energy prices have not been brought down even though the international prices fell.
The Minister said fuel and electricity prices would be decided by formula and electricity prices will be revised in June.
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