Major Fuel Price Drop: President Anura Announces Massive Relief Package
In a decisive move to shield the public from global economic volatility, the government has introduced a comprehensive relief package aimed at lowering the cost of living.
Addressing Parliament today (April 7, 2026), President Anura Kumara Dissanayake announced significant price reductions across three vital sectors: fuel, electricity, and LP gas. The President noted that these measures are specifically designed to counteract the economic pressure caused by ongoing tensions in the Middle East.
Key Price Adjustments
The highlights of the fuel price revision are as follows:
- Diesel: Reduced by Rs. 100 per litre.
- Petrol: Reduced by Rs. 20 per litre.
The President clarified that these reductions apply to standard fuel types to benefit the widest possible range of citizens. However, prices for Super Diesel and 95 Octane (Super) Petrol will remain unchanged, continuing to sell at current market rates.
Implementation and Economic Impact
This relief scheme is set to take effect immediately for an initial period of three months. To facilitate this, the government will absorb an estimated cost of Rs. 20 billion per month.
The primary objective of this “bold decision” is to trigger a downward trend in transportation costs and the prices of essential goods, providing much-needed breathing room for the public.
