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Home LOCAL

All types of fuel can increase to Rs.400-500-Ashok

Tamara Rebeira by Tamara Rebeira
1 month ago
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Samagi Jana Balawegaya Parliamentarian Ashok Abeysinghe says all types of fuel could increase to between Rs.400-500 in the future.

Speaking during a media briefing today, the Parliamentarian said Sri Lanka will have fuel stocks for another month at most while prices of essential goods will continue to increase.

The MP said the dollar will cross Rs.400, a kilogram of dhal will be sold at between Rs.700-800, a loaf of bread will be sold at between Rs.200-250 and citizens will be unable to have three meals.

The Parliamentarian charged that Sri Lanka has a failed government and leader and questioned why international organisations would fund Sri Lanka under such circumstances.

He claimed that a consensus government is required in order to solve the economic crisis and said the SJB can provide solutions to the country’s issues through the formation of such a government.

However, he highlighted that the support of other parties will be required to achieve certain goals adding the process will require six months to one year and elections can be worked off subsequently.

MP Abeysinghe on a separate note said the gas issue cannot be resolved until at least six months.

He said there is a three million shortage of gas stocks, adding that daily shipments must arrive in the island in order to make up for the shortage.

The MP added 2,800MT of gas can produce 250,000-280,000 12.5kg gas cylinders, while only 100,000 cylinders have been released to the market daily recently.

The Parliamentarian also revealed that Litro Gas Company was closed between the 12th and 26th of April creating a shortage of 1.4 gas cylinders.

He noted that at least 30,000MT shipments of gas must dock in Sri Lanka to cover up the shortage.

Tamara Rebeira
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