Premier Ranil Wickrememsinghe, addressing a gathering in Galgamuwa yesterday hinted that fuel prices could rise further due to crude oil price increases in the World market, adding the government will take measures to implement a price formula that would determine the prices on a weekly basis.
The Prime Minister said that the price hike was brought about by the sanctions imposed on Iran and Venezuela with the ensuing economic situation influencing fuel prices, adding that the fuel price formula was not the cause for the price hike.
Mr Wickremesinghe pointed out that what was required now was a solution to minimize the situation being faced owing to the fuel price hikes.
The death toll in the Ella bus accident has increased to 15 with 16 others injured.
Sri Lanka’s largest renewable energy project, the ‘Rvidanavi’ Solar Power Park project was launched in Siyambalanduwa today by President Anura Kumara Dissanayake.
Former President Mahinda Rajapaksa is due to vacate his official residence at Wijerama Mawatha, Colombo this morning, a Sri Lanka Podujana Peramuna (SLPP) source said.
The Presidents’ Entitlements (Repeal) Bill was passed by a majority of 150 in parliament today. However the opposition MP’s were absent during the voting.
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