Urea fertiliser prices to be reduced
Posted by Editor on March 23, 2023 - 5:45 pm
Several private fertiliser companies have decided to reduce the price of a 50kg Urea fertiliser bag by Rs. 7,500, Minister of Agriculture Mahinda Amaraweera said.
Thereby, the price of a 50kg bag of urea will be slashed from Rs. 18,500 to Rs. 11,000, private fertiliser companies have informed the lawmaker.
The development comes at a time, the Sri Lankan Rupee has been appreciating steadily against the US Dollar over the past few days.
The Sri Lanka Government secured the bailout package from the International Monetary Fund (IMF) on Monday (March 20).
Latest Headlines in Sri Lanka
- Sri Lanka holds urgent talks with Russian Ambassador to secure fuel supply March 13, 2026
- CIABOC completes probe into Shasheendra Rajapaksa corruption case March 13, 2026
- Two Trincomalee Fire officers arrested over bribe for safety certificate March 13, 2026
- Community correction officer arrested over Rs. 10,000 bribery allegation March 13, 2026
- Sri Lanka welcomes over 623,000 tourists in first two months of 2026 March 13, 2026
