Sri Lanka to import rice due to prevailing rice scarcity in the market

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Rice / Sugar found in warehouses
Rice / Sugar found in warehouses

Sri Lanka government decided to import rice due to prevailing rice scarcity in the market. Also the Cabinet decided to cancel the
prevailing maximum controlled prices of rice with immediate effect.

The attention of the Cabinet has been drawn to the shortage of rice that is currently prevailing in the local market. Taking the present situation into consideration, to supply sufficient stocks to consumers without scarcity, the Cabinet decided to import 100,000 metric tons of rice to maintain a buffer stock under the Government custody.

Simultaneously, the Cabinet decided to cancel the prevailing maximum controlled prices of rice with immediate effect.

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