Making a statement regarding the cost of living in Parliament today Prime Minister Ranil Wickramasinghe clarified steps taken by the government to counter its rise. “In order to reduce the cost of living, food items will be imported if the need arises” the PM confirmed adding that the government is prepared to take the necessary steps in this regard.
According to the PM the country’s economy, as well as food supply, is highly dependant on the weather and climate patterns of the country. “This has had a negative impact on the household economy,” Prime Minister Wickramasinghe said adding that the continuous erratic weather has hindered farming activities thereby causing the cost of goods to rise.
Meanwhile, the State Minister of Finance, Eran Wickramaratne yesterday (07) announced that the PM has ordered the purchase of One million Metric Tonnes of Rice. He further said that measures are now being taken to reduce the prices of rice.
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