Sri Lanka Government to sell coconuts at Rs. 130 amid price crisis
As a solution to the ongoing coconut price crisis in Sri Lanka, measures will be taken to sell coconuts at Rs. 130 each through Sathosa within the next two weeks, announced the Minister of Trade, Commerce, Food Security and Cooperative Development, Wasantha Samarasinghe in Parliament today (December 4).
Accordingly, the government has decided to distribute 1 million coconuts to suburban areas within the next two weeks.
“There is a government-owned institutional system related to coconut production. We are taking steps to sell coconuts produced on government estates to urban residents at Rs. 130” the Minister stated.
Meanwhile, due to a shortage of coconuts in the country, it has been reported that half a coconut is being sold for prices ranging between Rs. 100 and Rs. 120.
In the Baddegama area, the price of a whole coconut ranges from Rs. 180 to Rs. 200 while smaller-sized coconuts are being sold for Rs. 160.
However, authorities claim that a significant portion of the coconut harvest has been lost due to damage caused by toque monkeys and giant squirrels.
Latest Headlines in Sri Lanka
- Bar Association calls for immediate investigation into youth’s death in Police custody April 6, 2025
- Sri Lanka sends special medical and relief team to earthquake-hit Myanmar April 5, 2025
- Seven Memoranda of Understanding (MoUs) signed between India and Sri Lanka April 5, 2025
- Indian PM Narendra Modi receives warm welcome in Sri Lanka April 5, 2025
- Indian PM in Sri Lanka: Official welcome and MoU signing today April 5, 2025
Now (5 Dec 2024) a Coconut is 200 Rs and half a Coconut is 120 Rs!!!
Amarakoon,
I found a shopkeeper’s asst. in our village, Kesbewa, cutting a coconut into 4 pieces with a portable angle grinder, each quarter to be sold for Rs 80!!
HE President Kumara’s system change, my dear Amarakoon!!