INSUBCONTINENT EXCLUSIVE:
President Gotabaya Rajapaksa has instructed the Governor of the Central Bank of Sri Lanka (CBSL) and relevant authorities to use available
import fuel using the money available until then.He made this observation at a discussion between the President and representatives of the
decided to provide funds from the Central Bank and the Ceylon Petroleum Corporation (CPC) to restore the supply of fuel and to discuss with
the relevant parent companies to obtain fuel within a specified period of time if fuel is not available as per the letter of credit opening
procedure followed so far.The President also instructed to formulate a formal plan for the next few months to manage and maintain the fuel
supply properly.Representatives of the Central Bank and the Secretary to the Treasury pointed out the need for direct engagement with the
parent companies supplying fuel, international banks and financial institutions.Minister of Power and Energy Kanchana Wijesekera, Secretary
to the President Gamini Senarath, Chief Adviser to the President Lalith Weeratunga, Chief of Staff to the President Anura Dissanayake,
Governor of the Central Bank Dr
Nandalal Weerasinghe, heads of energy institutions and fiscal institutions were also present on the occasion.
This article first appeared/also appeared in https://adaderana.lk
