The government’s announcement of a 20% reduction in electricity tariffs has been criticized as inadequate by Sanjeewa Dhammika, Secretary of the Electricity Consumers’ Association. Speaking at a press ...

The Government’s decision to effect an electricity tariff reduction by a significant 20 percent will certainly be welcomed by all power consumers in this country most notably business houses, ...

Accordingly, tariffs have been reduced by 29% for consumers who consume less than 30 units of electricity in the domestic sector. The consumers who consume between 31 – 60 units of electricity in the ...

Energy Minister Kumara Jayakody yesterday said the government would go with the Public Utilities Commission’s (PUCSL) recommendations to implement an average 20 percent reduction of electricity ...

The United Merchants Association in Colombo yesterday urged all businessmen in the country to pass on the benefit of a 20 percent reduction in electricity tariff to consumers. When the electricity ...

To avert a costly trade war with the U.S., the European Union will reportedly offer a reduction in its import ... a deal before escalating costs and tariffs,” said Bernd Lange, head of the ...

A tariff is a tax on imported goods usually aimed at protecting local jobs and industries from foreign competition. The idea is that if foreign materials and products are more expensive ...

Because a tariff is a tax, the government will see increased revenue as imports enter the domestic market. Domestic industries also benefit from a reduction in competition, since import prices are ...

At least the government has arrived in the tone to address the issue. The voice for tariff reduction should have been heard earlier and should be done little more.” Just an election gimmick ...