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Fuel subsidy or price revision under discussion: CPC Chairman

Fuel subsidy or price revision under discussion: CPC Chairman

23 Sep 2026 | By Staff Writer

Discussions are underway on whether to introduce a fuel subsidy or revise fuel prices, CPC Chairman D. J. Rajakaruna stated.


He noted that several fuel companies are currently incurring losses on fuel sales and cannot continue selling at a loss on a commercial basis.


Rajakaruna stated that discussions are focused on either allowing companies to sell fuel at prices that prevent losses or having the Government provide a subsidy.


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