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.
Popular grade five tuition teacher, Hayeshika Fernando wanted over assaulting a 21 year old youth was granted bail today after she surrendered to courts.
A British national had been arrested over attempting to smuggle in the largest haul of kush( drugs) from Thailand, customs said.
First Bishop of the Batticaloa Diocese, Retired Bishop Joseph Ponnaiya, passed away today at the age of 74, following a brief illness.
Leave Comments