UNP slams govt. for fuel hike

31 October 2011 08:26 am - 7 - {{hitsCtrl.values.hits}}

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Slamming the government for the fuel price hike, the main opposition UNP said today that institutions including Mihin Lanka and SriLankan Airlines owes the Ceylon Petroleum Corporation (CPC) instead of putting the burden on the people to meet the losses.

Official Spokesman of the UNP and Member of Parliament Gayantha Karunatilleke said that blaming global crude prices is not a valid argument for the price hike as the current price of a barrel is only US$ 121, while the price of a liter is only Rs.85 inclusive of all duties when it reaches the Colombo Port. Therefore he said it is unfair to sell a liter at an exorbitant price of Rs.131.

He said at a news conference today that the CPC had suffered heavy losses due to the un-recovered loans from state institutions and state companies and because of fraudulent deals such as the inferior quality petrol fiasco. He said it is not fair to increase prices to recover these losses instead of taking proper steps to resolve these matters. With regard to the inferior quality petrol drama, the MP said, no action had been taken to bring those who were responsible to book and to recover the losses. (Yohan Perera)

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Comments - 7

Hiraz Monday, 31 October 2011 09:27 AM

Correct he said. Only in asia countries people need to endure for all the loses but when the time they get profit they completely forgetting. This is very much unfair and this is not the ideal way to handle it.

Asarana Kolla Monday, 31 October 2011 09:39 AM

This is called halloween special.. he he

Gona Monday, 31 October 2011 10:07 AM

My vote is for them.

Thomas Monday, 31 October 2011 10:41 AM

Before taxing the citizens, by increasing fuel prices, collect all outstanding amounts from Govt departments, Corporation and other Govt agencies.

Dee Monday, 31 October 2011 11:46 AM

Come on! the govt. needs revenue, more cars more revenue. good economics isn't it?

tilak Monday, 31 October 2011 01:56 PM

MP,s and Ministers spend the money lavishly and poor people will bear the cost.I can,t understand why these GOVT continue Provisional council. Most of the people know that this system is useless and wasting money and time. Now the time to rethink to demolish the system.

Wara Monday, 31 October 2011 02:22 PM

Not even without salary increments as well in 2001-03 ??

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UNP slams govt. for fuel hike

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