Reply To:
Name - Reply Comment
Last Updated : 2024-03-28 16:05:00
By Kelum Bandara
With the reduction of import duty on potatoes, the wholesale price dropped to Rs.110 a kilo yesterday in the Colombo wholesale market, the Essential Food and Commodities Importers’ and Traders’ Association (EFCITA) said yesterday.
Earlier, the government had imposed Rs.50 as duty for a kilo of potatoes imported to the country. However, the Finance Ministry halved the amount last week in a move to cushion the rising living costs.
Potatoes are widely consumed in the country. A spokesman for the Association said the reduction in the demand after Christmas also contributed to the price drop along with the duty cut. Earlier the price was as high as Rs. 170 a kilo in the Pettah wholesale market in Colombo.
Sri Lanka imports 15,000 - 20,000 tonnes of potatoes for a month. Presently, imports are mostly made from Pakistan.
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
Though the Government imposed VAT (Value Added Tax) on vegetables and other e
Saving energy has become more of a responsibility than a habit in today’s c
In the coming days, Muslims across the world will welcome the Holy Month of R
As of February 2024, Sri Lanka lost another 38 elephants as a result of the H