Powering the Energy Sector: Energizing the Power Sector
Economic Alert
Sri Lankan farmers, small and medium enterprises, service providers, big businesses and households have been afflicted by one of the highest electricity tariffs in the world and uncompetitive fuel costs for many years. This has been undermining the economy’s competitiveness thereby discouraging investment and employment generation. The enormous losses incurred by the CEB and CPC have added to the debt burden imposed on the current and future generations of Sri Lankans.