Tue, 27 Jul 2021 Today's Paper

Govt. will be compelled to increase fuel prices again : Ruwan

21 July 2021 07:59 pm - 4     - {{hitsCtrl.values.hits}}

A A A

Government will be compelled to increase fuel prices once again to generate dollars to pay for imports, UNP Deputy Leader Ruwan Wijewardene said today.

Mr. Wijewardene who was speaking to some party activists at Sirikotha said the biggest issue today is the shortage of dollars. “Shortage of dollars will result in stoppage of essential imports. Fuel has to be imported no matter what import the government is going to ban. There would be a fuel shortage shortly if sufficient dollars are not found to pay for imports. Government will have to increase the fuel prices to generate dollars to pay for the imports, ” Mr. Wijewardene said.

“Government has already printed money worth rupees one trillion. However printing rupees will not help as what is needed to day is dollars. At the same time Sri Lanka’s foreign reserves are currently $ 4.3 billion. However it has to pay 41.3 billion as loan interests, he added.

He also said the Rs.12,000 payment which has been promised for farmers is hardly sufficient to purchase organic fertilizer,”(Yohan Perera)

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 4

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  • Joshua Thursday, 22 July 2021 08:55 AM

    Basil aiya and Cabraal will print dollars. The 6.9 Mn fools won't mind it even if that happens!

    Gagana Thursday, 22 July 2021 09:02 AM

    A lost soul

    Renu Thursday, 22 July 2021 09:31 AM

    Bull dust. Basil will bring it back to Yahapalanaya days, every body is expecting that now

    VJ Thursday, 22 July 2021 09:53 AM

    Increasing fuel price will only generate rupees not dollars.


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


Site survey near Akasa Chaitya: Is it the end of Yala?

The Yala National Park has been at the receiving end of human disturbances fr

Basil Rajapaksa’s catch 22 situation

Sri Lankan politics has been a good deal of family business. It was not even

“This govt. printed Rs. 880 billions”

This is the roadmap of Zimbabwe

“We are on the cusp of a mothers-led movement for better birth rights in Sri Lanka” – Kanya D’Almeida

Writer Kanya D’Almeida became the first Sri Lankan to win the ‘Commonweal



See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.