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Wednesday, April 13, 2005

Sri Lankan govt. hints at removal fuel subsidies

April 13 (Asiantribune.com) Alarmed by the skyrocketing oil prices, the Sri Lankan government warned the consumers that a major hike in fuel charges are on the cards as the state is simply unable to continue with subsidies. The Ministry of Power and Energy Susil Premajayantha said a heavy fuel price will be necessary soon due to the rising prices in the world market while suggesting changes in fuel subsidies.

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