Fuel pricing mechanism finalized

Sunday, 22 April 2018 - 14:32

A spokesperson for the Ministry of Finance says that the fuel-pricing mechanism has been prepared and it will be submitted this week for approval.
He said that the proposed mechanism will be implemented within the next 2 months.
It will ensure that the local fuel prices will depend on the international market price fluctuations.
Meanwhile, the International Monetary Fund said on Friday that Sri Lanka Government has agreed with them to implement the fuel pricing-mechanism.