Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 30/06/2022 01:22 
24.05.2022 11:12 News >> Sri Lanka Hikes Fuel Prices Amid Crisis

Sri Lanka Hikes Fuel Prices Amid Crisis

People encouraged to work from home to minimize use of fuel.

Sri Lanka's government on Tuesday announced an increase in fuel prices as the South Asian island nation is facing its worst-ever economic and political crisis.
Announcing the decision, Energy Minister Kanchana Wijesekera said the price hike was approved by the Cabinet.
"Fuel Price will be revised from 3am today. Fuel pricing formula that was approved by the cabinet was applied to revise the prices. Price revision includes all costs incurred in importing, unloading, distribution to the stations and taxes. Profits not calculated and included," Wijesekera tweeted.
Petrol prices were increased by 82 Sri Lankan rupees ($0.23) per liter and diesel by 116 rupees ($0.32).
The Cabinet also approved the revised prices of public transportation and other services, he added.
Moreover, work from home will be encouraged, he said, to minimize the use of fuel and to manage the energy crisis.
He said 1,044 fuel stations have been supplied with petrol and diesel over the last three days.
Last week, Prime Minister Ranil Wickremesinghe said the country has only a day's stock of petrol left.
"The next couple of months will be the most difficult ones of our lives," he added.
People took to the streets at the end of March, protesting hours-long daily power cuts and shortages of food, fuel, and other vital goods after a foreign exchange shortage led to Sri Lanka's worst-ever economic crisis.
The weeks-long protests culminated into clashes. As protesters gathered around the Prime Minister's Office earlier this month, military units were called to the capital Colombo.
Amid growing pressure from the opposition, Mahinda Rajapaksa stepped down as prime minister.
The government declared a nationwide curfew and ordered troops to open fire on anyone looting public property or causing harm to life.
In nationwide protests, eight people, including a ruling party deputy and two police officers, lost their lives and nearly 250 people were injured. -



        Latest News
Key US Republican Senator Backs Sale Of F-16 Fighter Jets To Türkiye -32 minutes ago...
Upgrading Türkiye's 'aviation capability will benefit Turkey, the U.S., NATO and regional security,' says Lindsey Graham.
R. Kelly Sentenced To 30 Years In US Federal Prison For Sex Trafficking, Sex With Minors 13 minutes ago...
'Kelly relied upon his fame, money and popularity,' say prosecutors.
Dow Gains; S&P 500, Nasdaq Off During Volatile Session -32 minutes ago...
Blue chip Dow adds 82 points to close at 31,029.
Türkiye 'Satisfied With Constructive Approach' By Sweden, Finland -32 minutes ago...
'We will work to ensure that NATO has more unity on terrorism,' says Turkish communications director.
Central Banks' Challenge Is To Control Inflation Without Recession: S&P -17 minutes ago...
High prices, aggressive Fed make it hard for US economy to 'walk out of 2023 unscathed,' says rating agency.

 
      Top News
Turkish Wrestler Wins Gold At Mediterranean Games Turkish Wrestler Wins Gold At Mediterranean Games
Turkish Stock Market Closes Wednesday With Sharp Losses Turkish Stock Market Closes Wednesday With Sharp Losses
Canada Opens Embassy In Armenia To Improve Ties Canada Opens Embassy In Armenia To Improve Ties
Türkiye's Economic Confidence Falls In June Türkiye's Economic Confidence Falls In June
Spain Has Loyally Contributed To NATO, Upheld Alliance's Values, Says Foreign Minister Spain Has Loyally Contributed To NATO, Upheld Alliance's Values, Says Foreign Minister
Biden Congratulates Türkiye, Sweden, Finland On NATO Memorandum Biden Congratulates Türkiye, Sweden, Finland On NATO Memorandum
Turkish Soldier Killed In Anti-Terror Operation In Northern Iraq Turkish Soldier Killed In Anti-Terror Operation In Northern Iraq
G-7 Will Support Ukraine As Long As Necessary: Italy's Premier G-7 Will Support Ukraine As Long As Necessary: Italy's Premier
Türkiye's President To Have Bilateral Talks With World Leaders During NATO Summit Türkiye's President To Have Bilateral Talks With World Leaders During NATO Summit
Turkish, Armenian Special Representatives To Hold 4Th Meeting On July 1 Turkish, Armenian Special Representatives To Hold 4Th Meeting On July 1