Sri Lanka Government decides to remove price control on rice
Posted by Editor on September 27, 2021 - 10:38 pm
The Cabinet of Ministers have decided to remove the price control imposed on rice and import a buffer stock to prevent any possible shortage.
Accordingly, the Gazette notification issued imposing maximum wholesale and retail prices on rice will be cancelled.
The decision was taken during the Cabinet meeting held this evening (27).
Cabinet has also granted permission to import upto 100,000 metric tons of rice to maintain as a buffer stock.
Cabinet has also decided to provide required funds from the Central Bank to release the essential food items held up at the Colombo Port.
Latest Headlines in Sri Lanka
- Vraie Cally Balthazaar elected new Mayor of Colombo June 16, 2025
- Sri Lanka freezes assets of 88 individuals linked to crime and financial fraud June 16, 2025
- Sri Lankan worker injured in Iran missile strike on Israel June 16, 2025
- Donald Trump rejected Israeli plan to assassinate Iran’s Supreme Leader June 16, 2025
- IGP Deshabandu faces daily probe by special committee June 16, 2025