Establish transparent method for fuel prices – PUCSL
The Public Utilities Commission of Sri Lanka’s Chairman Mr. Janaka Ratnayake emphasized that Sri Lanka should establish a transparent method to determine the fuel price which will enable people to see the real cost and its fairness.
Mr. Ratnayake states that he has also submitted the related information to the Committee of Public Enterprises (COPE) in this regard. The price of a liter of fuel in Sri Lanka should further decrease in accordance with the actual prices in the world market. Mr. Ratnayake added that the data he presented earlier regarding the actual fuel prices is correct according to a news report published yesterday which has present same data by the Ministry of Finance.