Sri Lanka's power regulator announces a 22.5% reduction in power tariffs from July 16 to ease financial crisis impact.

Sri Lanka's power regulator has announced a 22.5% reduction in power tariffs, effective from July 16, to alleviate the financial strain caused by the nation's ongoing financial crisis. Industries will experience a 33% decrease in power tariffs, as part of a series of measures to revive the struggling economy. The government hopes that these reduced energy costs will provide relief to both households and businesses.

July 15, 2024
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