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Sri lanka News – A government decision proposed by President Ranil Wickremesinghe to make direct cash transfers to vulnerable groups affected by Sri Lanka’s record kerosene price hike will see line ministries working with the Ministry of Finance to identify deserving recipients, according to Power & Energy Minister Kanchana Wijesekara.

In a response to a request raised by opposition MP Mano Gansena, Wijesekara tweeted Monday August 22 afternoon that the proposal to pay direct cash subsidies to low income families, fisherfolk and plantation workers was made by President Wickremesinghe when price revisions were discussed.

The minister made the cash transfer announcement Monday morning, following an overnight price hike of kerosene by a record 290 percent, with the price going up from  87 rupees per litre to 340 rupees per litre.


Sri Lanka to make cash transfers to the those hit hard by record kerosene price hike

Kerosene was out of stock in the market as Sri Lanka’s sole oil refinery that produced kerosene remained shut due to a shortage of crude oil shipments.

The refinery began production on Saturday, August 20.

The ministry announced on Saturday that the refinery will be run for at least 40 days as it has purchased two consignments of Russian crude oil.

Fishermen in many coastal areas have been protesting for some days  demanding a solution to the fuel crisis despite the island having managed its fuel queues via a QR code ration system. (Colombo/Aug22/2022)

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