CBSL informs govt. to increase fuel prices, electricity tariffs urgently

4 March 2022 04:16 pm - 13 - {{hitsCtrl.values.hits}}

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The Central Bank of Sri Lanka (CBSL) has urgently informed the government to increase the fuel prices and electricity tariffs immediately, to reflect the cost.

The request was announced today by the CBSL Governor Ajith Nivard Cabraal following a press briefing.

He also mentioned that urgent measures should be taken to compliment the efforts taken by the Central Bank to overcome the present economic challenges and to ensure that a coordinated approach is adopted to overcome the challenging economic circumstances faced by the country and to prudently exit the COVID-related policy accommodation. (Chaturanga Samarawickrama)

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Comments - 13

sam Friday, 04 March 2022 04:46 PM

Fuel is overdue. Others should be increased along with increased power cut times, if not how to improve the economy?

PAUL Friday, 04 March 2022 05:21 PM

I am not an Economist but a ordinary citizen in this country. Government should have taken this decision earlier.

Shiran fernando Friday, 04 March 2022 05:22 PM

CBSL coming up with brilliantly solutions after sleeping until FX crisis. The problem is not price but availability of electricity and fuel even at Rs1,000 per unit.

The smartest 6.9 million Friday, 04 March 2022 05:37 PM

6.9Million have brought Sri Lanka to its knees. Very smart thinking 6.9M

Hon Gemba Friday, 04 March 2022 06:14 PM

I have a 8.9 kw solar panel which generates 45 units per day. But due to this power cuts we get only 20 units per day. Causing a net loss for every body.

Karalasingam Sivalingam Friday, 04 March 2022 07:03 PM

Cabraal, already we have two meals per day. Now parents have to forego their two meals to see that their children get at least two meals a day.

Karalasingam Sivalingam Friday, 04 March 2022 07:04 PM

Why not limit one vehicle per household.

Buddhist Friday, 04 March 2022 07:41 PM

Didn't CB Governor say there is no crisis and the $ issue is simple to resolve?

Anne Karunaratne Friday, 04 March 2022 07:58 PM

Why not limit one meal per family for a day! People are practically starving anyway!

Pada Friday, 04 March 2022 09:17 PM

Lift the sarong and see what is there?

Mohan Saturday, 05 March 2022 10:49 AM

Prices are too low. I do not see anyone turning lights off to save money. If it made more expensive it make people think before switching on or getting in the car.

Karalasingam Sivalingam Saturday, 05 March 2022 07:06 PM

Remove Cabraal, who is making the government unpopular with his directives to burden the poor. Stubbornness will leads to doomsday.

sam Sunday, 06 March 2022 11:12 AM

Look after your area get the rupee to where it belong

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CBSL informs govt. to increase fuel prices, electricity tariffs urgently

Comments - 13

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