Import levy on wheat flour to be slashed

Import levy on wheat flour to be slashed

December 12, 2019   11:03 am

The Cabinet of Ministers has decided to reduce the import levy on wheat flour to reduce its prices.

Cabinet Spokesperson Minister Ramesh Pathirana stated this addressing the press briefing held at the Department of Government Information to announce Cabinet decisions today (12).

This measure intends to ensure competition in an open market instead of the monopoly of wheat flour import, the Minister pointed out.

According to him, this tax cut is a temporary measure to reduce the prices of wheat flour.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

No corruption during coal procurement: Dy Minister | Opposition says govt. safeguarding wrongdoers (English)

No corruption during coal procurement: Dy Minister | Opposition says govt. safeguarding wrongdoers (English)

Additional buses and trains deployed to facilitate those returning to Colombo after New Year holiday (English)

Visiting Indian Vice President meets President, PM and several others to strengthen bilateral ties (English)

🔴LIVE | Ada Derana Prime Time News Bulletin

Ada Derana Lunch Time News Bulletin 12.00 pm

Public representatives comment on resignation of Energy Minister (English)

Karandeniye Sudda's brother 'SF Raju' brought to Sri Lanka after arrest in India (English)

Police Chief raises concern over rising incidents of drowning deaths (English)