‘Price formula for milk and flour in future’
State Minister Buddhika Pathirana says a price formula will be introduced for milk powder and wheat flour in future.
Speaking at a media briefing at the Temple Trees yesterday the State Minister said the formulas will be simple for the public to understand.
He claimed that there was a culture where the price of wheat flour and milk powder was increased arbitrarily according to the requirement of various Ministers.
The State Minister noted that with the introduction of a price formula, when prices reduce in the world market, the price of wheat flour and milk powder will reduce in Sri Lanka as well.
He added that the price formula will be discussed further, in future.
State Minister Pathirana stated that everyone was initially sceptic about the fuel pricing formula while reiterating that the price formula for milk powder and wheat flour will be simple.
(Source: News Radio)
Latest Headlines in Sri Lanka
- PUCSL warns CEB: Submit tariff plan by December 6, 2024 or face action November 25, 2024
- ADB approves $200 million to modernize Sri Lanka’s power sector November 25, 2024
- Over 120,000 tourists arrive in Sri Lanka in first 20 days of November 2024 November 25, 2024
- Court orders release of Sujeewa Senasinghe’s SUV on Rs. 100 million bond November 25, 2024
- IMF backs Sri Lanka’s plan to boost revenue with vehicle imports November 25, 2024
People should introduce a formula to minister posts as well.
During next election people will get that formula on all.
Hey Buddhika,
Is this formula similar to Mangala’s secret fuel price formula?
You guys in the UNP, are you liberal economists who believe in market forces?
Are you trying to enforce Sirimavo/NM Perera controls on the economy?
Buddhika, you and your boss, Sajith, will be shown a wide open door at the next prezzy elections.