Minister assures urea fertilizer price will drop below Rs. 9,000

June 8, 2023 04:00 pm

Agriculture Minister Mahinda Amaraweera has revealed that urea fertilizer will be sold to farmers for a price less than Rs. 9,000 in line with the appreciation of the Sri Lankan Rupee and other factors.

Speaking in Parliament this morning (08 June), Amaraweera said that while the stock of fertilizer currently being sold was purchased by the government for a higher price, measures are underway to reduce the prices of fertilizer below Rs. 9,000 from the next shipment.

He explained that the reduction will be made in view of the fact that prices of fertilizer have reduced, globally, while the Sri Lankan Rupee has also strengthened against the US Dollar.

Thus, he assured that this relief will be given to farmers within the next week.

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.