Cabinet Approves Import of 3,000 Metric Tonnes of Raw Ginger to Stabilize Local Prices

Date:

August 14, Colombo (LNW): The Cabinet of Ministers has approved a joint proposal by the Ministers of Agriculture and Plantation Industries, and Trade, Commerce, and Food Security to import 3,000 metric tonnes of raw ginger over the next three months. This decision aims to stabilize the retail price of ginger and make it more affordable for local consumers.

The announcement was made by Cabinet Spokesman and Mass Media Minister Dr. Bandula Gunawardhana during the weekly Cabinet media briefing at the Government Information Department.

The proposal follows a Cabinet meeting held on July 15, where instructions were given to the relevant ministry secretaries to explore ways to reduce the retail price of ginger by boosting local production. The secretaries were directed to submit a report with recommendations on this matter.

Based on the recommendations in the submitted report, Cabinet approval was granted to proceed with the importation of raw ginger.

Share post:

spot_imgspot_img

Popular

More like this
Related

The Importance of Personal Data Protection in the Digital Age

Nalinda Indatissa, President's Counsel In today’s digital world, personal data...

Blue Diamonds Seeks Lifeline amid Investor and Compliance Challenges

Blue Diamonds Jewellery Worldwide PLC is attempting to chart...

Tax Windfall Masks Deeper Shifts in Vehicle Consumption

Beyond the headline figures of revenue windfalls and rising...

Government Rolls Out Massive Credit Lifeline for MSMEs

In the aftermath of Cyclone Ditwah, the Government has...