State Minister Shehan Semasinghe said the current government would not introduce a formula for fuel price.

Speaking to a newspaper, Semasinghe said there was no truth in reports saying that the government would continue with the fuel price formula adopted by the previous government.

He added that there would not be any kind of formula to determine the fuel price.

However, speaking to an English weekly, Treasury Secretary S.R. Attygalle said the new government would continue with the same fuel price formula.