Facebook icon
Twitter icon
e-mail icon

Sri Lanka fixes market price of 'essential commodities'

Sri Lanka’s Consumer Affairs Authority has brought in a new set of Maximum Retail Price (MRP) regulations for six essential consumer items reports the ft.lk.

The Ministry of Industry and Commerce Rishad Bathiudeen, in a statement made on Tuesday said,

“The new maximum process are to take effect as early as Friday 20th November.” The new maximum prices are introduced to safeguard consumers from sudden market hikes, especially in the forthcoming festival season.”

World Bank urges Sri Lanka 'to make a transformational change' (20 Sep 2015)
IMF says Sri Lanka is likely to miss fiscal deficit target (19 Sep 2015)

We need your support

Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.

Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view

We need your support in keeping our journalism going. Support our work today.

For more ways to donate visit https://donate.tamilguardian.com.