Sri Lanka to merge Laugfs, Litro operations, LPG price controls to remain: Minister

Sri Lanka will merge liquefied petroleum procurement and distribution operations of Laugfs and Litro Gas and look at government price support, Minister Keheliya Rambukwelle said after the sector was thrown into crisis due to price controls

https://economynext.com/sri-lanka-to-merge-laugfs-litro-operations-lpg-price-controls-to-remain-minister-83244/

economynext

2021-06-22

Related News and Insights

Hopeful of Sri Lanka ISB restructuring deal despit...

Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund, has expressed optimism regarding the prospect of a deal with Sri Lanka’s sovereign bond holders, despite encountering "some setbac...

Find Out More

Bondholders’ agreement delay won’t hinder IMF thir...

Former Central Bank Governor Dr. Indrajit Coomaraswamy expressed optimism regarding the disbursement of the third tranche of the IMF's $3 billion bailout package for Sri Lanka, despite potential delays in reaching an agreement with priva...

Find Out More

Govt. gazettes revised Sri Lanka Electricity Bill

The Sri Lanka Electricity Bill, recently published in the gazette and set for presentation to Parliament by Power and Energy Minister Kanchana Wijesekera, marks a crucial step towards reforming the country's electricity...

Find Out More

View All