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Last Updated : 2024-04-25 20:04:00
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)
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.
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