Home Sri Lanka We did not introduce the tax, just continued it – Trade Minister
Sri Lanka

We did not introduce the tax, just continued it – Trade Minister

Share
Share

Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe addressed claims regarding the imposition of a Rs. 65 tax on imported rice, clarifying that the tax was not introduced by the current government.

He emphasized that the import tariff, initially imposed on May 18, 2023, was approved by the previous administration, long before the National People’s Power (NPP) took office after the presidential election on September 14, 2024.

He explained that the NPP government, upon taking office, only renewed the tax as part of their efforts to maintain fairness for both farmers and consumers. 

“We did not impose the tax, we merely continued it,” Samarasinghe asserted.

However, according to the Advocata Institute, the Rs. 65 import tariff has made imported rice 50% more expensive, worsening malnutrition and contradicting the goal of lowering prices through price caps.

Related News:

Handunnetthi backtracks on rice pledge

Tons of other food items imported under the guise of Nadu rice

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Sri Lanka

Tariff structure is shaped by past policy directions, says Deputy Foreign Minister

The recent tariff announcement by US president Donald Trump has added new...

Sri Lanka

CID launches probe into Namal Rajapaksa’s attorney-at-law qualification

The Criminal Investigation Department (CID) has launched an investigation into allegations that...

Sri Lanka

CEB suffers over Rs. 3 billion loss from solar power project

The Ceylon Electricity Board (CEB) has incurred a loss of Rs. 3,300...

Sri Lanka

Police seek public help to recover Kandana St. Sebastian’s laurel crown and gold jewelry

The Police are seeking the public’s assistance in identifying the individual responsible...