Sri Lankan cabinet approves continued egg imports to stabilize prices for festive seasons
Posted by Editor on July 30, 2024 - 1:56 pm
(Photo: Pixabay)
The Sri Lankan Cabinet has approved a proposal to continue importing eggs to stabilize prices for cakes and bakery products during the upcoming Christmas and Ramadan seasons.
This initiative aims to ensure a sufficient supply for the bakery industry, following a Cabinet decision on March 18, 2024.
Since then, the Sri Lanka State Trading (General) Corporation has imported 224 million eggs, with 95% distributed to consumers at an affordable price of Rs. 37 per egg through Lanka Sathosa outlets.
Although the initial import period ended on April 30, 2024, the Cabinet has endorsed a new proposal by the Minister of Trade, Commerce, and Food Security to continue these imports.
Latest Headlines in Sri Lanka
- All set to hold Sri Lanka’s 2024 Presidential Election September 20, 2024
- Man killed in early morning shooting in Dehiwala September 20, 2024
- Sri Lanka reaches debt restructuring agreements with external creditors September 20, 2024
- Exams Department and CID launch probe into grade 5 scholarship paper leak September 19, 2024
- Court blocks use of luxury apartments bought by Keheliya’s son September 19, 2024
