The government is in the process of revising prices of essential items such as rice, sugar, milk powder and domestic gas, a minister said yesterday.
Currently, a Maximum Retail Price has been imposed on rice and sugar. State
Minister of Cooperative Services, Marketing Development and Consumer Protection Lasantha Alagiyawanna told Daily Mirror the prices of some essential items were under review.
“We have not taken any final decision in this regard,†he said.
The cost of living has increased in the country due to factors such as the problems in the supply chain, dollar shortage to finance imports and rupee depreciation. Asked whether import restrictions on sugar would be lifted, the Minister said available stocks would suffice for two and half months.“we have to make a decision at one point,†he said.
The government has introduced a maximum price of Rs.98 for a kilo of rice. However, farmers are agitating at the moment asking for a hike in price for their paddy produce.
A surprise inspection conducted by the officers of the Jinthupitiya Medical Officer of Health (MOH)…
The Central Bank of Sri Lanka (CBSL) has issued a circular to licensed banks recently,…
Sri Lankan President Anura Kumara Dissanayake will travel to the island’s largest bilateral lender China…
The government is hoping to initiate discussions with India to update the Free Trade Agreement…
The Colombo Lotus Tower Management Company (Private) Limited has announced extended operating hours for the…
Sri Lanka Customs confirmed that a total of 67,000 metric tons of rice were imported…
View Comments
Mr. Minister, your price revision has been always benefited by Importers, Wholesalers and so on, and not the consumers. People are now sick and tired of listening to your bullshit announcement.