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Minister Jayatissa Hints at Imminent Fuel Price Hike Early Next Month, Treasury to Absorb Part of the Burden
The Pulse
EconomyPoliticsHOTThursday, April 16, 2026

Minister Jayatissa Hints at Imminent Fuel Price Hike Early Next Month, Treasury to Absorb Part of the Burden

TLDR
  • Dr. Nalinda Jayatissa assures uninterrupted fuel/electricity supply.

  • Fuel prices likely to rise early next month due to global markets.

  • Treasury and companies will absorb significant portion of price increase.

  • Prices will be reduced once Middle East war situation subsides.

Health and Mass Media Minister Dr. Nalinda Jayatissa affirmed that Sri Lanka's fuel and electricity supply will remain uninterrupted despite the ongoing Middle East conflict and global market fluctuations. Speaking to media in Kalutara and Agalawatta, the Minister indicated that domestic fuel prices may see an increase due to these international market changes. However, he assured that the government would not pass the full burden onto consumers, as the Treasury is set to absorb a significant portion of any such price adjustment. The Minister also noted that relevant companies would bear part of the cost, and the government's aim is to reduce fuel prices once the global conflict subsides. This strategy is intended to help citizens manage their economic affairs while ensuring essential services.

Story Update

Update #2\u00b7 Apr 18 · 8:47 AM

Minister Nalinda Jayatissa has indicated that fuel prices are likely to be revised upwards early next month due to fluctuations in world market oil prices, exacerbated by the Middle East conflict. He confirmed that the Treasury and fuel companies would absorb a significant portion of any increase, preventing the full burden from falling on the public. Initial discussions regarding this revision are reportedly underway among Ministry of Finance officials. The Minister also reiterated the government's commitment to ensuring an uninterrupted supply of fuel and electricity, adding that prices would be reduced once the Middle East war situation subsides.

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