New Finance Minister says fuel price formula will be reviewed

New Finance Minister Mahinda Rajapaksa says the fuel price formula will be reviewed.

He said the formula cannot continue in its present form so there needs to be a change.

Rajapaksa expressed these views after assuming duties at the Finance Ministry today.

The formula was introduced by former Finance Minister Mangala Samaraweera on the advise of the International Monetary Fund (IMF). (Colombo Gazette)

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