Cabinet decides to sell sugar Rs. 275 per kg within next month

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Trade Minister Nalin Fernando yesterday said that the government will be acquiring the sugar stocks previously imported at a levy of 25 cents per kg and sell them through Lanka Sathosa, supermarkets, and Cooperative outlets at a price of Rs. 275 per kilogramme within a month.

He mentioned that the Cabinet has resolved to have the government acquire the sugar stocks imported under the 25-cent import tax. The plan is to sell these stocks through Lanka Sathosa and other supermarkets at a regulated price.

Addressing a media conference in Colombo, he said the government will take over the identified sugar stocks.

These sugar stocks will be allocated to Lanka Sathosa, other supermarkets, and s…

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