Urea fertiliser prices to be reduced
Posted by Editor on March 23, 2023 - 5:45 pm
Several private fertiliser companies have decided to reduce the price of a 50kg Urea fertiliser bag by Rs. 7,500, Minister of Agriculture Mahinda Amaraweera said.
Thereby, the price of a 50kg bag of urea will be slashed from Rs. 18,500 to Rs. 11,000, private fertiliser companies have informed the lawmaker.
The development comes at a time, the Sri Lankan Rupee has been appreciating steadily against the US Dollar over the past few days.
The Sri Lanka Government secured the bailout package from the International Monetary Fund (IMF) on Monday (March 20).
Latest Headlines in Sri Lanka
- Johnston Fernando evades CID inquiry over unregistered BMW car October 18, 2024
- Ranil urges voters to choose experienced leaders to tackle economic crisis October 17, 2024
- Keheliya Rambukwella Primary School renamed Kundasale Royal Primary School October 17, 2024
- Tourist arrivals surpass 63,000 in early October amid seasonal slowdown October 17, 2024
- Sri Lankan President calls for national plan to revitalize agriculture October 16, 2024