π Summary
Sri Lankaβs petroleum market is approaching another potentially destabilising confrontation, as the Government struggles to reconcile politically sensitive fuel prices with the financial discipline demanded under its International Monetary Fund (IMF) bailout programme. At the centre of the dispute is the mandatory cost-reflective fuel pricing formula, which requires retail prices to reflect import costs and [β¦] The post Fuel Price Formula Fracture Threatens Sri Lankaβs IMF Lifeline appeared first on Lankanews.lk .