Acting Finance Minister Mr. Ranjith Siyambalapitiya said in Parliament today (19) that the price of petroleum will not increase again. Sri Lanka Latest News
He said this while presenting 11 announcements for economic management.
He also mentioned that the Treasury has taken over the responsibility of the Petroleum Statutory Corporation.
Mr. Ranjith Siyambalapitiya also said:
The Treasury took over the responsibility of the Petroleum Corporation. To cover that liability, an excise tax of 25 rupees was imposed from January 1. But because the relevant target could not be reached, another tax of 25 was imposed in June. It is an amount charged to bear the responsibilities. This has been in effect since June. I would like to say that the price of petroleum is not increasing. Or you can’t tell one story at a time.