Sri Lanka President reduces fuel and electricity prices

Sep 17, 2014 (LBO)-The Government of Sri Lanka reduced the prices of fuel and electricity tariff with effect from midnight yesterday, a media report said.
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President Mahinda Rajapaksa announced the reduction of prices at the inauguration of Unit II of the Norochcholai Power Plant, together with Chinese President Xi Jinping.

Price of a liter of petrol will be reduced by five rupees and while the price of a diesel liter is reduced by three rupees.

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The price of kerosene was reduced by 20 rupees per liter.


Also the electricity tariff was reduced by 25 percent.

"In appreciation of China #SriLanka friendship, the President announces reduction of fuel prices and electricity tariff effective tonight," President said in a Twitter message.

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