Sri Lanka imports all its oil and also buys coal for electricity generation

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.

COLOMBO, May 31 — Sri Lanka raised fuel prices by up to six per cent on Sunday, in line with IMF plans to recover energy costs and phase out subsidies to stabilise the...

Sri Lanka raised fuel prices by up to six percent on Sunday, in line with IMF plans to recover energy costs and phase out subsidies to stabilise the economy.

Sri Lanka imports all its oil and also buys coal for electricity generation