The government has announced that it will impose a maximum retail price on rice and sugar from tomorrow.
Speaking during a media briefing in Colombo today, State Minister of Co operative Services, Marketing Development and Consumer Protection Lasantha Alagiyawanna said the relevant gazette notification will be issued.
Meanwhile, the stocks of sugar seized from various parts of the country have been officially handed over to the newly appointed Commissioner General for Essential Services Coordination Major General MDSP Niwunhella.
The government has decided to sell stocks of sugar seized from several storages, through Sathosa outlets and cooperatives.
State Minister Lasantha Alagiyawanna said the stocks of sugar will be provided to supermarkets as well in the coming weeks.
He noted the price of rice and sugar increased uncontrollably amidst the COVID-19 pandemic, adding the government and Consumer Affairs Authority took various measures within the existing legal framework, to control the prices.
The State Minister added that raw sugar stocks produced in Sri Lanka are being sold at Rs.130 per kilogram at Sathosa outlets and cooperatives across the island.
He further said stocks of sugar released from storages have been distributed to Sathosa outlets in Gampaha today, while it will be distributed to all Sathosa outlets and cooperatives across the island from tomorrow.
State Minister Alagiyawanna said the public will be able to purchase sugar at the new rates from Sathosa outlets, cooperatives and supermarkets in the coming days.
He added the government hopes to reduce prices of sugar in the domestic market within a short period of time.