Sep 28, 2017

President devices plan to reduce the price of rice, coconuts!

President Maithripala Sirisena has instructed subject Minister Rishad Bathiudeen to take measures to reduce the price of rice.

The President had thus advised during the meeting held yesterday regarding the pricing of essential food items.  

During the meeting the President had also advised the relevant units to import 500,000 metric tons of rice through government mediation, disregarding the price factor.

In addition, the President had advised all Sathosa outlets to reduce the price of rice varieties and wanted the new price announced today, according to the Presidential media unit.

The President also advised the Consumers Affairs Authority to take measures to control the price of imported big onions and potatoes.

President Sirisena also focused his attention on the escalating price of coconuts during the meeting.

Accordingly, the President advised the Coconut Marketing Board to deploy mobile trucks to sell coconuts at a lower price bypassing the intermediate traders.

The President said these meetings will be held weekly in order to discuss the pricing of essential commodities.

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