National People’s Power (NPP) leader and Presidential candidate Anura Kumara Dissanayake stated that under an NPP government, fuel prices in Sri Lanka will be reduced.
He explained that the Ceylon Petroleum Corporation had a $3 billion loan with the Bank of Ceylon and the People’s Bank, which the treasury took over. As a result, a charge of Rs. 50 per liter of fuel was implemented to repay this loan.
Addressing an election rally, Dissanayake noted that although the loan is nearly fully repaid, the Rs. 50 per liter charge continues to burden the public. He assured that an NPP government would conduct a thorough review and reduce fuel prices accordingly. (NewsWire)
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