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

Sri Lanka’s BIRDS-X DRAGONFLY Nanosatellite Set for September 19 Launch

Sri Lanka's BIRDS-X DRAGONFLY Nanosatellite Set for September 19 Launch

Sinopec Refinery Sparks Concerns over Sri Lanka’s Energy Independence

Sinopec Refinery Sparks Concerns over Sri Lanka’s Energy Independence

TAX Revenue Management IT System Flaws Threaten Billions in State Revenue

TAX Revenue Management IT System Flaws Threaten Billions in State Revenue

Spice Import Licenses Spark Fears of Backroom Deals and Industry Betrayal

Spice Import Licenses Spark Fears of Backroom Deals and Industry Betrayal