Rs. 150 fuel price cut if elected President: Janaka Ratnayake

Speaking at a media briefing, Ratnayake referred to the Central Bank bond scam as the largest financial fraud in the country's history.

Presidential candidate and former Chairman of the Public Utilities Commission of Sri Lanka (PUCSL), Janaka Ratnayake, pledged that his first priority upon being elected President will be to reduce fuel prices by Rs. 150.

Speaking at a media briefing, Ratnayake referred to the Central Bank bond scam as the largest financial fraud in the country's history.

He also said that the procurement, purchase, transportation and distribution of fuel had led to the largest scam in Sri Lanka, involving both politicians and high-ranking government officials.

"In 2022, I said that fuel prices could be reduced by Rs. 200. Now, the reduction can be Rs. 150, and I will implement this within the first month of my presidency," he added.