May 11, 2018

Increasing fuel prices will benefit the country - Eran

Increasing the price of fossil fuel will be beneficial to the country, said  State Finance Minister Eran Wickramaratne.

He noted that with the increase in the usage of fossil fuel, great environmental pollution takes place and by increasing the price of fuel, it will reduce the usage of fuel which will have a beneficial effect on the environment.

Addressing a press conference at the Finance Ministry, he said it is the government’s primary aim to promote solar power and wind power, while the increase in fossil fuel prices would encourage alternative sources of energy.

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