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Fuel prices in Sri Lanka have risen to an all-time high of 420 rupees per liter

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3 years ago

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Fuel prices in Sri Lanka have risen to an all-time high of 420 rupees per liter

Sri Lanka raised the price of gasoline by 24.3% and diesel by 38.4% on Tuesday, a record increase in fuel prices amidst the country’s worst economic crisis due to a lack of foreign exchange reserves.

With the second increase in fuel prices since April 19, the most commonly used Octane 92 petrol will now cost 420 rupees (USD 1.17) and diesel 400 rupees (USD 1.11) per litre, both at an all-time high.

Ceylon Petroleum Corporation, the state fuel entity, decided to raise the price of Octane 92 petrol by 24.3 percent, or 82 rupees, and diesel by 38.4 percent, or 111 rupees per litre (CPC).

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“At 3 a.m. today, the fuel price will be revised. The Cabinet-approved fuel pricing formula was used to revise the prices,” Power and Energy Minister Kanchana Wijesekara said on Twitter.

“All costs associated with importing, unloading, distribution to stations, and taxes are included in the price revision.”

“In addition, the Cabinet approved the revision of transportation and other service charges.” “The formula will be used every two weeks or once a month,” he said.

The increase came as the public endured long lines at fuel stations affected by shortages.

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The retail prices of fuel have also been raised by Lanka IOC, the Sri Lankan subsidiary of India’s oil major Indian Oil Corporation.

“We’ve raised our prices to match the CPC,” LIOC CEO Manoj Gupta told PTI.

Meanwhile, auto-rickshaw operators announced that the first kilometre would cost 90 rupees and the second would cost 80 rupees.

The government announced that heads of institutions would have discretion over which employees would be required to report physically as a cost-cutting measure. Allow the others to work from home.

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Since 2002, Lanka IOC has been operating in Sri Lanka.

As the country grapples with a severe foreign exchange crisis, Sri Lanka has been considering various options to facilitate measures to prevent fuel pumps from running dry.

The island nation is experiencing unprecedented economic difficulties, the worst since its 1948 independence from Britain. Due to a lack of dollars to pay for imports, it is experiencing a shortage of almost all necessities.

Long lines for fuel, cooking gas, and other essentials have formed due to a crippling shortage of foreign reserves, while power outages and soaring food prices have added to the people’s misery.

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The economic crisis has sparked a political crisis in Sri Lanka, with demands for President Gotabaya Rajapaksa’s resignation. The crisis has already forced President Mahinda Rajapaksa’s elder brother, Prime Minister Mahinda Rajapaksa, to resign on May 9.

Inflation approaching 40%, food, fuel, and medicine shortages, and rolling power outages have sparked nationwide protests and sent the currency plummeting, leaving the government short of foreign currency reserves to pay for imports.

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To All The Boys star Lana Condor shares wedding video and it is straight out of a rom-com. Watch

Published

3 weeks ago

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January 30, 2025

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To All The Boys star Lana Condor shares wedding video and it is straight out of a rom-com. Watch

Lana Condor and Anthony De La Torre married in a picturesque hillside setting in Malibu, California, in October 2024. The couple shared their intimate wedding video, which captured their smiles and heartfelt tears. The video featured drone shots of picturesque hills and the wedding venue.

As well as close-ups of Lana in her wedding gown and emotional moments. The couple also included an after-party celebration where the couple cut the cake and guests danced the night away. Lana Condor is known for her role in.

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To All the Boys I’ve Loved Before trilogy, while Anthony De La Torre is an actor and musician. The couple first met in 2015 and got engaged in 2022. The couple has also starred in Boo, Bitch, X-Men Apocalypse, and Deadly Class.

Lana Condor, renowned for her portrayal of Lara Jean Covey in the “To All the Boys I’ve Loved Before” film series, recently shared a heartfelt wedding video that has captivated fans worldwide. The video, reminiscent of a romantic comedy, offers an intimate glimpse into her wedding day with actor and musician Anthony De La Torre.

A Dreamy Malibu Wedding

In late October 2024, Lana and Anthony exchanged vows in a picturesque ceremony at the Serra Retreat Center in Malibu, California. The venue, nestled atop the Malibu mountains, provided a serene backdrop for the couple’s special day. Lana chose the location because she had visited it with her late mother during her childhood, making it a place of profound personal significance.

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goodmorningamerica.com

The Wedding Video

Lana’s wedding video captures the essence of their love story, blending candid moments with cinematic elegance. The footage showcases the couple’s first look, heartfelt vows, and the joyous celebration that followed. The video has been lauded for its authenticity and the palpable chemistry between Lana and Anthony, evoking the charm of a classic romantic film.

A Nod to ‘To All the Boys’

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The wedding video has drawn parallels to the “To All the Boys” series, where Lana’s character navigates the complexities of young love. Fans have noted the similarities between the fictional romance and the real-life love story, highlighting the serendipitous nature of Lana’s journey from on-screen romance to real-life happiness.

Lana and Anthony’s Journey

Lana and Anthony’s relationship began in 2015 after meeting at an Emmy Awards party. They announced their engagement in January 2022 and have since been a beloved couple in the entertainment industry. Their wedding marks a new chapter in their shared journey, celebrated by fans and peers alike.

Celebrating Love and Life

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Lana’s wedding video serves as a testament to love’s enduring power and the beauty of shared moments. It resonates with many, offering a glimpse into the joy and commitment that define a lasting partnership.

For a visual experience of Lana and Anthony’s wedding, you can watch the following video:

Lana Condor, celebrated for her role as Lara Jean Covey in “To All the Boys I’ve Loved Before,” recently shared a wedding video that feels straight out of a romantic comedy. In late October 2024, she married actor and musician Anthony De La Torre in an intimate ceremony at the Serra Retreat Center in Malibu, California.

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people.com

The video captures the couple’s heartfelt vows, candid moments, and the joyous celebration that followed. Lana wore a stunning Vera Wang gown, a choice she had made two years earlier with her late mother. people.com The ceremony was described as timeless and airy, set atop the Malibu mountains

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