Last Updated : 2019-01-22 16:20:44

Apps Advertising Home Delivery Feedback

Govt. to introduce pricing formula for electricity, water: SLPP

10 January 2019 11:23 am - 1     - {{hitsCtrl.values.hits}}

A A A

The Sri Lanka Podujana Peramuna (SLPP) said yesterday the government was attempting to introduce a pricing formula for electricity and water, similar to that used for fuel.

Addressing a news briefing held at the SLPP Head Office, MP Dr. Ramesh Pathirana said the fuel pricing formula was introduced as a proposal of the International Monetary Fund (IMF).

"We learnt that the government was attempting to increase fuel prices today based on the pricing formula. This will burden the people more. Similarly, the government is attempting to introduce a pricing formula to increase electricity prices. This equation will be introduced for water as well," he said.

He said a fuel price hike would have adverse impacts on the transport industry.

"When fuel prices dropped during the 50-day government, service providers voluntarily reduced prices of many services and products. If prices go up again, people will go out of the frying pan into the fire," he said. (Lahiru Pothmulla)

 

Video by Sanjeewa

  Comments - 1

  • Unchikun Thursday, 10 January 2019 05:36 PM

    Every commodity needs a formula to calculate the selling price. We saw how the Buds reduced prices a few months ago with no calculations but for political mileage. This is why we are in the same hole for the last 80 years. When will we ever learn. Yes, we are good at dilutions not maths or as a matter of fact, arithmetic.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment


Singling out of Rishad Bathiudeen as a political target

The orchestrated political campaign by the Mahinda Rajapaksa-led opposition i

TWISTS AND TURNS in the Dr. Shafi controversy

The sterilization charges against Dr. Seigu Shihabdeen Mohamed Shafi from the

Islamic State in Iraq and Syria (ISIS) An in-depth look at ISIS

As the people and Government of Sri Lanka reel with shock and grief in the wa

Mahela declines to be part of Sri Lankan team Management at cricket World Cup

Weeks after guiding Mumbai Indians to their fourth IPL title--his second in t

MIRROR CRICKET