Govt ensures no sugar shortage or unnecessary price hike: State Minister

Date:

Colombo (LNW): Sri Lanka possesses a remaining stock of 19,000 metric tonnes of sugar imported prior to the tax hike, ensuring there is no risk of a sugar shortage or unwarranted price escalation, Finance State Minister Ranjith Siyambalapitiya underscored.

Addressing the media following a ceremony in the Ilukthenna area of Deraniyagala, the Minister highlighted ongoing efforts by the Consumer Affairs Authority (CAA) to identify traders selling sugar above the controlled price.

It is the collective responsibility of both the government and the public to procure sugar at the correct price and prevent unnecessary shortages, the Minister emphasised, urging the consumers to report instances of sugar price hikes to the CAA.

Share post:

spot_imgspot_img

Popular

More like this
Related

Breaking News: Venezuelan Politician Maria Corina Machado Awarded 2025 Nobel Peace Prize

Venezuelan opposition leader Maria Corina Machado has been awarded...

Ban the Bag? Lessons from Britain—and Sri Lanka’s Reality Check

By Roger Srivasan Introduction I was born in the Northern part...

Dhammika part sells ComBank stake for Rs. 5.5 b

Business leader Dhammika Perera yesterday part sold his stake...

Colombo Port Achieves Record Profit in 2025 amid Strategic Expansion

The Port of Colombo has reported a record net...