By Azhar Razak | Page 3 | Sunday Observer

By Azhar Razak

Experts say keeping price of fuel below the global market determined level is an implicit subsidy that is reflected in CEYPETCO losses and has to be funded by the tax payer. That system primarily benefits the vehicle owning rich, which means the concessions are enjoyed by the rich and funded by the poorThe Cabinet of Ministers on Tuesday decided to revise Sri Lanka’s...
2018-07-14 18:30:00
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