The Government plans to spend Rs.41 billion on a fuel subsidy for three months from October to December. President Anura Kumara Dissanayake announced the plan at a public rally in Gampaha on September 27.
He said the subsidy will cover October, November and December.
The Government will present a Cabinet paper on the fuel subsidy on September 28, the President said.
Rs.41 Billion Set Aside for Fuel Subsidy
The Government has set aside Rs.41 billion for the three-month fuel subsidy. The plan will cover fuel costs during October, November and December. It comes as higher fuel prices continue to put pressure on household costs.
However, the Government has not yet given details on the subsidy amount for each litre of fuel.
It has also not said how the subsidy will apply to different types of fuel.
More Details Expected After Cabinet Review
The Government has not yet said whether the subsidy will cut retail fuel prices or cover part of the cost through another method.
It has also not said which fuel products will qualify or how consumers will receive the benefit.
Meanwhile, the Cabinet paper will set out the Government’s proposal for the subsidy. Further details should become clear after the Cabinet reviews the proposal.
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Last modified: September 28, 2026
