Did Trade Minister lie about country being sufficient of rice?

Date:

There are sufficient stocks of rice for the consumption of the country and there is no shortage of rice whatsoever, said Trade Minister Bandula Gunawardena, during his visit to the rice wholesale outlets in Pettah, Colombo yesterday (29). The Minister thus said that the government, therefore, will not allow any surge of the prices of rice.

However, the Essential Food Importers Association delivered rather a contradictory comment saying that rice importers do not currently have surplus stocks of rice upon distribution.

Meanwhile, the Union revealed that about 300 containers of imported rice have been stalled at the port and these stocks could not be released due to the non-issuance of dollars.

More than 10,000 metric tonnes of rice are stored in the said containers, according to reports. This begs the question whether the Trade Minister hinted about these stalled containers in his comment about rice sufficiency yesterday.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Horton Plains Witnesses Spectacular Bloom of Elusive Nelu Flower After Over a Decade

Horton Plains Witnesses Spectacular Bloom of Elusive Nelu Flower After Over a Decade

Crypto Surge Spurs Sri Lanka to Tighten Regulatory Oversight

Crypto Surge Spurs Sri Lanka to Tighten Regulatory Oversight

Donor Funds Idle as Northern Development Projects Stall in Sri Lanka

Donor Funds Idle as Northern Development Projects Stall in Sri Lanka

Sri Lanka’s Vehicle Import Revival Boosts Revenue, Tests Forex Stability

Sri Lanka’s Vehicle Import Revival Boosts Revenue, Tests Forex Stability