(UTV|COLOMBO) – Fuel Pricing Committee is scheduled to convene at the Ministry of Finance this afternoon (13).
When revising the price, the Committees take into account the world market fuel price and make appropriate revisions to the local price.
The fuel pricing formula is effective on the 10th of every month. However, due to 10 August falling on a Saturday and the subsequent holiday in view of the Eid Festival, the Committee meeting was postponed to today instead.
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