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Your email address will not be published.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

Rebuilding after Cyclone Ditwah: Can Sri Lanka’s relief plan meet the need?

Sri Lanka’s recovery from Cyclone Ditwah and subsequent floods and landslides is...

Sri Lanka

PHIs bust flood-damaged rice racket in Kandy

Public Health Inspectors (PHIs) have uncovered an illegal operation in which flood-damaged...

Sri Lanka

Death toll rises to 618, hope for survivors fades

The search for survivors is waning as Sri Lanka enters the second...

Sri Lanka

Water Board estimates Rs. 5 billion in infrastructure losses

The recent natural disaster has caused almost Rs. 5 billion in damage...