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.
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