5% Fuel price reduction is not sufficient: former Oppo. Leader

11 March 2020 07:06 am - 9     - {{hitsCtrl.values.hits}}

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Five percent fuel prices reduction proposed by the government is hardly sufficient as it does not give the people in Sri Lanka the fullest benefit of the decrease of prices in the global market, former Opposition Leader Sajith Premadasa said yesterday. Mr Premadasa told a press conference that prices of fuel could be reduced by 40 percent.

" Price of Octane 95 petrol which is Rs Rs 162 a litre at the moment could be reduced to Rs 94 per litre, a litre of super diesel could be reduced to Rs 77 from Rs 132 while a litre of kerosene could be sold at Rs 40 instead of Rs 70. Also, price of gas cylinder could also be reduced to Rs 1000 from Rs 1483" Mr Premadasa said.

He said Samagi Jana Balawegaya (SJB) will take to the streets if the government fails to give the full benefit of the global fuel price reduction to the people.

" We don't mind if the government obtain political gains out of the fuel price reduction as we are only concerned with getting the government to do what is best for the country" he also said. (Yohan Perera)

  Comments - 9

  • Sambo Wednesday, 11 March 2020 07:27 AM

    Reducing the oil price in Sri Lanka is of no use as the consumers get nothing out of it except those who are having vehicles. The price of nothing will be reduced but when the price goes up they fight for a price increase.

    Driver Wednesday, 11 March 2020 07:34 AM

    Ok, so when you are the PM give a 20% reduction.

    Leo Wednesday, 11 March 2020 08:26 AM

    Maybe present government fuel price matrix is harder to understand than the one during past regime.

    Yankee Dude Wednesday, 11 March 2020 09:09 AM

    With World crude oil prices falling as high as 31% SL government can give a 25% reduction in oil prices ! .

    Deal Makers Wednesday, 11 March 2020 09:33 AM

    Give 50 litres free like your sanitary pads deal

    Anura Nanayakkara Wednesday, 11 March 2020 09:41 AM

    Sajith had become a Mouth piece for the likes of Champaka Ranawaka in the party.

    BuffaloaCitizen Wednesday, 11 March 2020 10:16 AM

    This is Ali Baba and 40 thieves back in power, what can you expect?

    BuffaloaCitizen Wednesday, 11 March 2020 10:16 AM

    This is Ali Baba and 40 thieves back in power, what can you expect?

    SLCPC Wednesday, 11 March 2020 10:43 AM

    Mr Premadasa Don't play cheap politics with country's economy. What about crude oil or products purchased at higher prices. CPC should take a genuine decision when to reduce the prices, not the government. Said that CPC should recommend to prices when possible with maximum benefits to the public.


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