President Maithripala Sirisena says the Government may revise the fuel price formula because, “unfortunately” since its introduction, the prices have moved only upwards.
Addressing senior journalists today, the President said oil price formulas were being followed in many countries but in Sri Lanka there were complaints that it was not working the way it should.
He said many people had complained to him about the problems stemming from the formula and wanted it revised to reflect Sri Lankan realities.
He added he hoped that in the upcoming budget, there would be an announcement regarding this.
The Committee on High Posts has approved the nomination of Former Air Force Commander Air Chief Marshal (Retd.)
A Sri Lankan man was apprehended at Suvarnabhumi airport for attempting to smuggle wildlife out of the country after three ball pythons were found hidden in his underwear, the Bangkok post reported.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
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