Sri Lankan cabinet approves continued egg imports to stabilize prices for festive seasons
Posted by Editor on July 30, 2024 - 1:56 pm
(Photo: Pixabay)
The Sri Lankan Cabinet has approved a proposal to continue importing eggs to stabilize prices for cakes and bakery products during the upcoming Christmas and Ramadan seasons.
This initiative aims to ensure a sufficient supply for the bakery industry, following a Cabinet decision on March 18, 2024.
Since then, the Sri Lanka State Trading (General) Corporation has imported 224 million eggs, with 95% distributed to consumers at an affordable price of Rs. 37 per egg through Lanka Sathosa outlets.
Although the initial import period ended on April 30, 2024, the Cabinet has endorsed a new proposal by the Minister of Trade, Commerce, and Food Security to continue these imports.
Latest Headlines in Sri Lanka
- Mervyn Silva remanded until March 17, 2025 March 6, 2025
- Sri Lanka Police seek public help to locate former IGP Deshabandu Tennakoon March 6, 2025
- Audit reveals Sri Lanka paid Rs. 3 Billion extra for Indian buses March 6, 2025
- Sri Lanka President calls for tougher action on tax collection March 6, 2025
- Former Minister Mervyn Silva arrested by CID March 6, 2025
