Sri Lanka raises fuel prices after IMF loan instalment, aligning with bailout conditions to cut subsidies, recover energy costs and stabilise its crisis-hit economy.

Sri Lanka raises fuel prices by 6% following an IMF loan installment to stabilize the economy and phase out subsidies.

Sri Lanka raises fuel prices after IMF loan instalment, aligning with bailout conditions to cut subsidies, recover energy costs and stabilise its crisis-hit economy.