The three‑month fuel concession plan introduced by the government will conclude at the end of June, with a fresh decision to be taken based on the prevailing situation at that time, Deputy Minister of Finance Anil Jayantha Fernando said. Speaking during a televised interview, he explained that the plan was designed for three months, during which officials monitored global price hikes, their impact on local pricing, and the burden on the public. “These concessions will end at the end of three months. But, after three months, if we face an unexpected situation, we are prepared to face it and collect the necessary funds,” Fernando noted. The Deputy Minister revealed that as of June 8, revenue collection had exceeded targets, reaching 120%. “As such we have the opportunity to face and manage certain unexpected situations,” he added. Fernando further said that while the current concession will lapse at the end of June, the government remains prepared to respond to unforeseen developments, with decisions on future relief to be taken in line with the circumstances at the time. (Newswire)
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