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Minister Jayatissa Confirms Uninterrupted Fuel Supply, Treasury to Mitigate Potential Price Hikes
The Pulse
EconomyPoliticsHOT3h ago

Minister Jayatissa Confirms Uninterrupted Fuel Supply, Treasury to Mitigate Potential Price Hikes

TLDR
  • Minister Jayatissa assures uninterrupted fuel and electricity supply.

  • Potential fuel price increase due to global market fluctuations.

  • Treasury to absorb significant portion, preventing full consumer burden.

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.

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