The government has decided to maintain fuel price under a flat rate for at least one year irrespective of the world market price, Cabinet Spokesman Minister Bandula Gunawardana said today.
He said that it was decided at yesterday’s Cabinet meeting to establish a ‘Steady Fuel Price Fund’ to divert the money saved from the drop of oil prices in the global market.
Stressing that this fund would help to cover the losses incurred by some government institutions, Minister Gunawardana pointed out that when the fuel prices in the world market increases, the loss can be covered by the money in this steady fuel price fund.
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The Ministry of Environment has taken steps to declare an additional 50 forests as protected reserves, Under the ’Wanaspati’ National Programme.
The National Water Supply and Drainage Board (NWSDB) warned that water supply restrictions would be imposed from 8.00pm today in Colombo District from today onwards
The meteorology department issuing a warm weather advisory for today that the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in Western, Sabaragamuwa, Southern, North-western, Northern and North central provinces and in Monaragala district.

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