Minister of Power and Energy Kanchana Wijesekera has hinted at a potential decrease in fuel prices following the upcoming price revision.
He explained that owing to the recent appreciation of the Sri Lankan Rupee against the US Dollar, the relief received during the importation of fuel will be transferred to the consumers. The price revision is scheduled to take place on 1 April, with the fuel pricing formula being implemented on the first day of every month.
In this context, the Minster stated that he hopes to reduce the fuel prices in April.