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Government is ready to face the global oil crisis successfully - Sri Lanka President

23.5.2008
Sunil C. Perera and Chithralal Jayasinghe

President Mahinda Rajapakse says the government is ready to face the global oil crisis successfully under a new programme.

Price of a crude oil barrel has surpassed the 130 dollar mark in the world market. This has become a crisis face by almost every country of the world.

However the president notes comparing to other countries of the region the oil prices in Sri Lanka are still at a lower level.

President Rajapakse made these remarks at a ceremony held in Temple Trees last evening with the representatives of government trade unions.

The Trade Union representatives requested the president to appoint a high level management committee to reduce traffic jams occurred in urban areas. Many representatives of the government trade unions and several ministers were present on this occasion.

Courtesy -Asian Tribune