Fuel taxes cannot be reduced until loans are fully repaid – Energy Minister

Fuel taxes cannot be reduced until loans are fully repaid – Energy Minister

August 12, 2025   07:26 am

There is no possibility of removing the taxes imposed on fuel until the loans obtained by the Ceylon Petroleum Corporation (CPC) are fully repaid, Minister of Energy Eng. Kumara Jayakody has stated.

Minister Jayakody pointed out that if such tax relief were granted, the government would be unable to meet its loan repayment obligations.

Energy Minister Kumara Jayakody made these remarks while participating in the Ada Derana “360°” current affairs program broadcast last night (11).

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

Police discover 2 luxury passenger transport buses owned by 'Backhoe Saman' (English)

Sajith claims slain Weligama PS chairman had requested security due to threat to life (English)

Advisory issued for strong winds and rough seas (English)

Sri Lanka's export earnings surge to nearly USD 13B in first 9 months of 2025 (English)

TV Derana receives Presidential Award for outstanding contribution to environmental sustainability

🔴LIVE | Ada Derana Prime Time News Bulletin

LIVE🔴 Ada Derana 12.00 Midday News Bulletin