The reason for the lack of a significant reduction in fuel prices at this time is that the government is still having to deal with IMF conditions, said Science and Technology Minister Dr. Krishantha Abeysena.
“We would also like to reduce fuel prices. At this time, there is no possibility of reducing fuel prices by a significant amount. There are still IMF conditions. We have to balance our income and expenditure. The government has to have income. Therefore, it is difficult for us to reduce it all at once. However, since the government came to power, fuel prices have been reduced a lot. Although this time they have reduced it by Rs. 10, the government has reduced prices by various amounts before,” said the Deputy Minister.