Fuel prices hiked in yet another pre-budget move

The government, in yet another pre-budget price hike move, increased the prices of fuel with effect from midnight yesterday.

The price of a litre of petrol was increased by Rs. 12, diesel Rs 8 and kerosene Rs. 10. Accordingly, the new prices of a litre of Octane 90 petrol will be Rs 137, Octane 95 Rs. 155, diesel Rs 84 and kerosene Rs. 73. The government last increased fuel prices on April 1 this year.

In the past two weeks, the government has increased the prices of liquor and cigarettes. These price increases come ahead of the November 21 budget proposals which are likely to include measures aimed at reducing the country’s import bill and the trade deficit.

The increase in fuel prices will see a rise in the prices of food items and transport costs.
Meanwhile, the Public Utilities Commission will next month decide on new electricity tariffs.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
Other News Articles
Dispute with CATIC over Galle Face deal
Colombo hub of huge heroin operation
Indian protest leads to review of visa fees
Fuel prices hiked in yet another pre-budget move
Chaos in Kekirawa town as elephant runs amok
Monk calls off fast after telephone call from Perth
Censor Board to monitor TV programmes
Arsenic tainted pesticides in the market again despite Court restraint
Rains begin bringing deadly disease in its wake
Vice ring supplying Lankan girls to the Maldives exposed
ST story on census ‘distorting’, says Ministry
News in brief
Points system for suspension of driving licences
Negombo’s new multi-purpose bus terminal is a package of attractions
Rain brings temporary relief, but CEB losses cause concern
SW monsoon disappoints, hopefully inter-monsoon rains will compensate
Dompe death due to assault with blunt weapon: JMO
Beware of the bite that lurks at your doorstep
Society’s living dead
Fish aplenty and fishermen’s woes
Feathered migrant friends come back to Bundala
USAID pulls out of electric fence project
North-East land: Questions over new policy


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2011 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution