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ECONOMYNEXT – A Sri Lankan physique which has curiosity in transport and logistics has proposed a 20 step motion plan to cut back the island nation’s gasoline import invoice and save as much as 1 billion US {dollars} that may allocate for different important imports easing the burden on most people.
Sri Lanka goes by its worst financial disaster within the historical past and is dealing with lengthy
time period shortages of important medication, gasoline and gasoline with a looming meals scarcity within the close to future.
In 2022 from January to March, Sri Lanka has spent 1.4 billion US {dollars} in importing gasoline to the nation, which is 37 % of the final 12 months’s complete gasoline imports. The federal government expects the gasoline bull for this 12 months to be within the vary of 6-7 billion US {dollars}.
Issuing a press release Sri Lanka Society of Transport and Logistics (SLSTL) stated gasoline for transport at present costs prices greater than all different client imports together with meals, milk, medication, family items, LP gasoline and others.
So as to curtail the upper import value of gasoline, the state-run Ceylon Petroleum Company (CPC) has elevated worth of gasoline 3 times to document excessive within the first 4 months of 2022.
“The federal government has not introduced the nation with a plan on the best way to take care of this disaster, the place the discount of gasoline imports is critical,” the SLSTL stated in a press release.
It has proposed a brief time period motion plan to cut back the present import value to the Minister of Transport, Highways, and Media on June 4, 2022, at a workshop organised by the Ministry.
“The proposed plan would scale back oil imports for transport which value us 4 billion US {dollars} a 12 months or roughly two shiploads per week. The goal is to cut back this determine by 500 million US {dollars} to 1 billion, which is able to rely solely on the federal government’s wiliness to implement the plan and the management they are going to present within the implementation course of,” the SLSTL stated.
In its 20-point motion plan, the SLSTL, emphasizes the significance of public transportation to cut back the gasoline consumption by the non-public owned autos.
Since mid-February, motorists are compelled to attend in lengthy queues for hours because of gasoline scarcity with the federal government authorities citing panic shopping for and gasoline hoarding as the explanations for the shortage.
The SLSTL stated, the federal government ought to prioritize importing diesel over petrol and enhance the
distribution course of to boost the general public transport and to adapt good expertise to keep away from gasoline
queues.
It additionally steered that the federal government ought to impose a three-month restriction on using non-public vehicles on particular days of the week by the final digit of the registration variety of vehicles, SUVs, pickups, and vans which devour 51 % of the gasoline used for passenger transport.
It additionally urged to impose restrictions on vehicles, vans, and SUVs carrying lower than three passengers coming into areas that have common site visitors congestion. (Colombo/June 07/2022)
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