Cabinet holds on price revisions for several essentials

(FASTNEWS | COLOMBO) – The Cabinet of Minister has lifted the control price imposed on rice for both wholesale and retail sales.

Accordingly, Gazette on maximum wholesale and retail prices on rice will be cancelled.

Cabinet has also granted permission to import upto 100,000 metric tons of rice to maintain as a buffer stock.

Cabinet has also decided to provide required funds from the Central Bank to release the essential food items held up at the Colombo Port.