IMF urged not to insist on removal of subsidies on fuel (opens original article in a new tab)

Sri Lankan opposition urges IMF to avoid fuel subsidy removal, citing potential price hikes and increased hardship for citizens.

• IMF urged not to insist on removing fuel subsidies to avoid hardship
• Fuel subsidy removal could increase diesel prices by 42% and electricity tariffs by 10%
• Opposition claims IMF program needs better governance and proper use of public funds