%22We+will+not+allow+fuel+prices+to+rise%22+-+Min.+Ravi+K
Friday, 08 May 2015 - 15:08
"We will not allow fuel prices to rise" - Min. Ravi K
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Finance Minister Ravi Karunanayke emphasized that permission will not be given to increase the prices of fuel. 

The Ministry of Power and Energy states that it is in discussions with the treasury in-order to find a solution which provide some sort of relief to the Ceylon Petroleum Corporation (CPC) and Lanka Lanka Oil Corporation (IOC).

CPC and Lanka IOC had demanded permission from the ministry to increase the prices of fuel, in order to curb the losses that they are said to be suffering from.

 

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