Sri Lankaβs liberalised petroleum market is raising serious questions about the use of public funds, with a reported Rs.70-per-litre subsidy on Auto Diesel benefiting not only the financially troubled Ceylon Petroleum Corporation (CPC) but also multinational and private fuel retailers operating in the country. The arrangement has created an unusual situation in which taxpayers are [β¦] The post Taxpayers Finance Foreign Fuel Giants As Diesel Subsidies Deepen Fiscal Burden appeared first on Lankanews.lk .