Minister of Agriculture and Plantation Industries Mahinda Amaraweera says measures are being taken to address the rise in the price of coconut oil in the market.
Minister Amaraweera revealed that currently, the government charges Rs.150 per litre of imported coconut oil.
He further said that as the Minister of Agriculture and Plantation Industries, he will propose a reduction of this amount to the Cabinet.
Stating that as per the Coconut Development Authority, Sri Lanka’s annual coconut oil requirement is 25,868 metric tons, the minister said currently, there are 51,457 metric tons of coconut oil available.
Minister Amaraweera made these remarks during a press briefing held at the Presidential Media Centre on Wednesday (June 26). (Newswire)