President Dissanayake Hints at Minor Fuel Price Increase Amid Energy Crisis

President Anura Kumara Dissanayake announced that a minor fuel price increase might become necessary due to an emerging energy sector crisis. Speaking at the National People's Power (NPP) May Day rally in Maharagama, the President attributed this situation to rising global fuel prices, the conflict in the Middle East, and declining water levels in reservoirs. He highlighted that the government currently provides a subsidy of Rs. 100 per litre on diesel, allowing consumers to purchase it at Rs. 382 despite its actual cost being Rs. 482. The government has reportedly allocated Rs. 6 billion to support these subsidies.