Fuel price formula to be reintroduced

The fuel price formula is to be reintroduced, new Finance Minister Mangala Samaraweera said today.

The formula was introduced by Samaraweera when he was Finance Minister earlier.

But it was scrapped by former President Mahinda Rajapaksa when he was appointed Finance Minister by President Maithripala Sirisena in October. (Colombo Gazette)

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