Sri Lanka, Feb. 2 -- Minister of Trade and Commerce Wasantha Samarasinghe says that the fuel price revisions are being carried out in accordance with the pricing formula, with adjustments reflecting fluctuations in the global market.

Addressing the media in Anuradhapura, the Minister emphasized that the government remains committed to implementing the pricing formula, ensuring that fuel prices adjust accordingly on a monthly basis.

"Fuel prices fluctuate based on the pricing formula, which aligns with global market trends. Whether we like it or not, we are following this system, and price revisions-whether increases or decreases-occur as required," he stated.

In addition, Minister Samarasinghe highlighted government initiatives aimed a...